Best Auto Repair Shops SBA Lenders of 2026

Compare the top 225 SBA lenders for Auto Repair Shops businesses. $528.0M funded in 2025. Average rate 10.08%. Get matched free.

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Best Auto Repair Shops SBA Lenders of 2026

$528.0M
Total Funded

1,115
Loans Approved

$474K
Avg Loan Size

10.08%
Avg Interest Rate

225
Active Lenders

SBA Loans for Auto Repair Shops Businesses

The Auto Repair Shops industry received $528.0M in SBA 7(a) loans across 1,115 businesses in 2025. With 225 lenders actively funding this industry, finding the right bank can make a significant difference in your rates and approval odds.

Working with an experienced SBA loan broker who understands the Auto Repair Shops industry can help you access lenders that specialize in your business type.

💡 Key Insight: The average SBA loan for Auto Repair Shops businesses is $474K with an average rate of 10.08%. Lenders who specialize in this industry often offer better terms and faster approvals.

SBA Loans by Business Type

Here’s how SBA 7(a) loans break down for Auto Repair Shops businesses by business stage:

🚀 Startups
23%
$129.5M • 262 loans

🏢 Existing Businesses
61%
$237.7M • 682 loans

🔄 Business Acquisitions
15%
$160.7M • 171 loans

Top 50 SBA Lenders for Auto Repair Shops (2025)

These are the banks that funded the most SBA 7(a) loan volume to Auto Repair Shops businesses, ranked by total volume:

RankLenderVolumeLoansAvg Rate
1 Live Oak Banking Company$72.4M678.89%
2 Newtek Bank, National Association$51.0M14810.73%
3 Harvest Small Business Finance, LLC$19.9M1810.18%
4 The Huntington National Bank$19.0M539.53%
5 U.S. Bank, National Association$17.8M759.81%
6 Northeast Bank$13.3M6811.00%
7 VelocitySBA, LLC$10.5M710.18%
8 Enterprise Bank & Trust$10.3M67.67%
9 TD Bank, National Association$8.7M4810.37%
10 Seacoast National Bank$8.2M79.00%
11 Pathward National Association$7.9M59.55%
12 Brookline Bank, a Division of Beacon Bank and Trust$7.6M59.31%
13 Celtic Bank Corporation$7.2M2510.69%
14 Regions Bank$7.1M47.69%
15 Citizens Bank$6.4M69.88%
16 T Bank, National Association$6.3M39.17%
17 First Bank of the Lake$6.3M610.79%
18 SouthState Bank, National Association$5.3M38.63%
19 Manufacturers and Traders Trust Company$5.3M7311.50%
20 First Internet Bank of Indiana$5.2M59.75%
21 United Midwest Savings Bank National Association$5.2M79.96%
22 Wells Fargo Bank National Association$5.2M1210.14%
23 UMB Bank, National Association$5.0M27.88%
24 JPMorgan Chase Bank, National Association$5.0M129.69%
25 Stearns Bank National Association$5.0M18.50%
26 First Savings Bank$4.7M310.08%
27 First Horizon Bank$4.5M28.38%
28 Dogwood State Bank$4.4M19.25%
29 BayFirst National Bank$4.3M2712.02%
30 Wilmington Savings Fund Society FSB$4.2M310.00%
31 Byline Bank$4.0M39.92%
32 The Bancorp Bank National Association$3.6M38.50%
33 Milestone Bank$3.6M210.00%
34 Bank of America, National Association$3.5M107.11%
35 US Metro Bank$3.4M29.25%
36 Readycap Lending, LLC$3.4M1712.59%
37 Lake Forest Bank & Trust Company, National Association$3.1M16.60%
38 KeyBank National Association$3.0M1210.00%
39 Community Bank & Trust-West Georgia$3.0M39.75%
40 Zions Bank, A Division of$2.9M1310.42%
41 Truist Bank$2.9M49.94%
42 LendingClub Bank, National Association$2.8M39.83%
43 Citizens State Bank of New Castle$2.7M39.50%
44 Texas Capital Bank$2.7M16.50%
45 CenTrust Bank, A Division of SmartBiz Bank National Associat$2.6M1511.55%
46 Columbia Bank$2.6M1611.77%
47 United FCU$2.6M210.00%
48 First National Bank of Pennsylvania$2.6M49.63%
49 Lendistry SBLC, LLC$2.5M911.83%
50 Barrington Bank & Trust Company, National Association$2.5M16.28%

🚀 Best Lenders for Auto Repair Shops Startups

Starting a new general automotive repair business? These lenders funded the most startup loans in this industry:

RankLenderStartup VolumeLoansAvg Rate
1 Live Oak Banking Company$11.3M139.36%
2 U.S. Bank, National Association$6.5M158.97%
3 The Huntington National Bank$6.1M149.28%
4 First Bank of the Lake$6.0M49.56%
5 Wells Fargo Bank National Association$5.2M1210.14%
6 Stearns Bank National Association$5.0M18.50%
7 Newtek Bank, National Association$4.4M2410.50%
8 Dogwood State Bank$4.4M19.25%
9 VelocitySBA, LLC$4.3M110.50%
10 Byline Bank$3.4M210.00%

🔄 Best Lenders for Auto Repair Shops Acquisitions

Looking to buy an existing general automotive repair business? These lenders specialize in acquisition financing:

RankLenderAcquisition VolumeLoansAvg Rate
1 Live Oak Banking Company$47.0M348.70%
2 The Huntington National Bank$9.2M169.37%
3 Brookline Bank, a Division of Beacon Bank and Trust$7.0M39.83%
4 T Bank, National Association$6.3M39.17%
5 Pathward National Association$5.8M39.42%
6 UMB Bank, National Association$4.3M18.00%
7 U.S. Bank, National Association$4.0M58.59%
8 Citizens Bank$3.7M410.00%
9 Milestone Bank$3.6M210.00%
10 First Horizon Bank$3.6M18.25%

🏢 Best Lenders for Existing Auto Repair Shops Businesses

Already running an established general automotive repair business? These lenders have funded the most loans to existing businesses in your industry:

RankLenderVolumeLoansAvg Rate
1 Newtek Bank, National Association$46.0M12210.78%
2 Harvest Small Business Finance, LLC$18.6M1610.14%
3 Live Oak Banking Company$14.0M208.90%
4 Northeast Bank$12.1M5711.03%
5 Enterprise Bank & Trust$10.3M67.67%
6 U.S. Bank, National Association$7.3M5510.15%
7 Regions Bank$6.0M37.63%
8 Seacoast National Bank$5.2M48.63%
9 SouthState Bank, National Association$5.0M27.81%
10 JPMorgan Chase Bank, National Association$4.8M119.67%

Top States for Auto Repair Shops SBA Loans

Here are the states with the highest SBA lending volume for Auto Repair Shops businesses:

RankStateVolumeLoans
1 Texas$77.0M96
2 California$74.2M143
3 Florida$52.7M69
4 Illinois$31.1M57
5 Pennsylvania$22.0M47
6 Georgia$20.0M23
7 North Carolina$19.0M29
8 New York$18.8M60
9 New Jersey$17.3M34
10 Virginia$15.9M29
11 Arizona$14.6M27
12 Maryland$11.3M30
13 Oregon$10.6M27
14 Washington$10.1M34
15 Nevada$9.5M19
16 South Carolina$9.2M16
17 Colorado$8.6M22
18 Massachusetts$8.4M27
19 Minnesota$8.2M22
20 Michigan$8.2M28
21 Indiana$7.8M20
22 Missouri$7.5M19
23 Wisconsin$6.9M18
24 Ohio$6.9M30
25 Tennessee$4.9M16
26 Utah$3.9M8
27 Delaware$3.8M10
28 Kansas$3.5M12
29 Connecticut$3.3M12
30 Montana$3.1M8
31 Oklahoma$2.9M8
32 Arkansas$2.7M4
33 Idaho$2.5M16
34 Alabama$2.4M6
35 Nebraska$2.4M10
36 Louisiana$2.2M4
37 Alaska$2.2M6
38 Rhode Island$2.1M8
39 West Virginia$1.6M4
40 Iowa$1.6M9
41 New Hampshire$1.5M14
42 Mississippi$1.4M7
43 Wyoming$1.2M2
44 New Mexico$730K4
45 Kentucky$659K4
46 Maine$520K8
47 Hawaii$428K2
48 Puerto Rico$372K4
49 South Dakota$150K1
50 Vermont$38K2

Top Cities for Auto Repair Shops SBA Loans

Houston, Tx

$13.9M
Volume

16
Loans

Pompano Beach, Fl

$7.9M
Volume

2
Loans

Portland, Or

$7.0M
Volume

4
Loans

Leland, Nc

$5.8M
Volume

2
Loans

Galt, Ca

$5.7M
Volume

2
Loans

San Antonio, Tx

$5.1M
Volume

4
Loans

Tempe, Az

$5.0M
Volume

2
Loans

Beverly Hills, Ca

$5.0M
Volume

1
Loans

North Chesterfield, Va

$5.0M
Volume

2
Loans

Orlando, Fl

$4.5M
Volume

4
Loans

Roanoke, Tx

$4.3M
Volume

1
Loans

Glenmoore, Pa

$4.2M
Volume

2
Loans

Naples, Fl

$3.9M
Volume

4
Loans

Lake In The Hills, Il

$3.9M
Volume

1
Loans

Modesto, Ca

$3.9M
Volume

6
Loans

Weatherford, Tx

$3.8M
Volume

1
Loans

🤝 Why Use an SBA Broker for Auto Repair Shops Loans?

GoSBA Loans has extensive experience financing Auto Repair Shops businesses:

  • Industry expertise — we know which lenders specialize in Auto Repair Shops
  • Access to 225+ lenders — including banks that don’t accept direct applications
  • Better rates — our relationships help secure competitive terms
  • Faster approvals — proper preparation leads to quicker decisions
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your Auto Repair Shops SBA Loan

Our team specializes in SBA financing for Auto Repair Shops businesses. Let us match you with the right lender for your specific needs.

Need SBA financing for your Auto Repair Shops business? GoSBA Loans specializes in SBA loans for Auto Repair Shops businesses. Contact our industry specialists today for a free consultation.

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Ishan Jetley

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.
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