BlogRankingIndustryBest Local Trucking Companies SBA Lenders of 2026

Best Local Trucking Companies SBA Lenders of 2026

February 2, 2026
Industry, Ranking
5 min read

Best Local Trucking Companies SBA Lenders of 2026

$216.9M
Total Funded

713
Loans Approved

$304K
Avg Loan Size

10.31%
Avg Interest Rate

144
Active Lenders

SBA Loans for Local Trucking Companies Businesses

The Local Trucking Companies industry received $216.9M in SBA 7(a) loans across 713 businesses in 2025. With 144 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 Local Trucking Companies industry can help you access lenders that specialize in your business type.

💡 Key Insight: The average SBA loan for Local Trucking Companies businesses is $304K with an average rate of 10.31%. 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 Local Trucking Companies businesses by business stage:

🚀 Startups
25%
$45.6M • 178 loans

🏢 Existing Businesses
70%
$117.5M • 497 loans

🔄 Business Acquisitions
5%
$53.3M • 37 loans

Top 50 SBA Lenders for Local Trucking Companies (2025)

These are the banks that funded the most SBA 7(a) loan volume to Local Trucking Companies businesses, ranked by total volume:

Rank Lender Volume Loans Avg Rate
1 First Financial Bank $20.4M 11 9.02%
2 Readycap Lending, LLC $14.9M 7 9.89%
3 Northeast Bank $13.6M 95 10.26%
4 The Huntington National Bank $11.9M 138 9.73%
5 Celtic Bank Corporation $11.1M 10 10.05%
6 Cadence Bank $6.2M 4 9.81%
7 GBank $6.0M 5 9.45%
8 Live Oak Banking Company $6.0M 4 9.38%
9 Peoples Bank $5.4M 13 9.04%
10 Leader Bank, National Association $5.0M 1 9.00%
11 U.S. Bank, National Association $4.8M 5 7.86%
12 Enterprise Bank & Trust $4.7M 2 7.75%
13 Harvest Small Business Finance, LLC $4.5M 5 10.05%
14 Washington Trust Bank $4.3M 2 8.75%
15 JPMorgan Chase Bank, National Association $4.2M 20 11.41%
16 Lendistry SBLC, LLC $4.0M 26 12.21%
17 Climate First Bank $3.9M 1 9.50%
18 TD Bank, National Association $3.7M 53 10.87%
19 Hancock Whitney Bank $3.6M 2 9.50%
20 Endeavor Bank $3.3M 1 9.50%
21 Port 51 Lending LLC $3.2M 4 10.25%
22 Pinnacle Bank $3.2M 2 10.00%
23 Meridian Bank $2.6M 2 10.00%
24 Eastern Bank $2.6M 1 9.25%
25 Platinum Bank $2.6M 2 9.00%
26 ConnectOne Bank $2.5M 2 9.88%
27 Peoples Bank & Trust $2.4M 1 7.65%
28 Dime Community Bank $2.3M 1 10.50%
29 Midwest Regional Bank $2.1M 1 10.25%
30 Evolve Bank and Trust $2.0M 1 9.75%
31 KeyBank National Association $2.0M 21 11.01%
32 Manufacturers and Traders Trust Company $2.0M 40 11.99%
33 Stock Yards Bank & Trust Company $2.0M 1 7.50%
34 Zions Bank, A Division of $1.7M 19 10.73%
35 Village Bank and Trust, National Association $1.6M 2 8.47%
36 Mountain America FCU $1.6M 2 10.55%
37 Wells Fargo Bank National Association $1.5M 37 12.81%
38 CalPrivate Bank $1.5M 2 10.13%
39 Grasshopper Bank National Association $1.5M 3 10.42%
40 LendingClub Bank, National Association $1.5M 1 8.75%
41 Bank of Utah $1.5M 1 9.50%
42 Cogent Bank $1.4M 1 9.00%
43 Independent Bank $1.2M 1 7.50%
44 Truliant FCU $1.2M 1 10.25%
45 St. Charles Bank & Trust Company, National Association $1.2M 1 7.00%
46 Centerstone SBA Lending, Inc. $1.1M 1 10.50%
47 Bank of America, National Association $1.0M 3 9.05%
48 Community First Bank of Indiana $1.0M 1 9.50%
49 Citizens Bank $1.0M 1 10.25%
50 Commerce Bank $1.0M 1 7.39%

🚀 Best Lenders for Local Trucking Companies Startups

Starting a new general freight trucking, local business? These lenders funded the most startup loans in this industry:

Rank Lender Startup Volume Loans Avg Rate
1 Celtic Bank Corporation $6.7M 5 9.90%
2 Readycap Lending, LLC $6.3M 4 9.75%
3 Leader Bank, National Association $5.0M 1 9.00%
4 Peoples Bank $3.9M 7 8.86%
5 Pinnacle Bank $3.2M 2 10.00%
6 Meridian Bank $2.6M 2 10.00%
7 Platinum Bank $2.6M 2 9.00%
8 The Huntington National Bank $1.8M 22 9.81%
9 Cogent Bank $1.4M 1 9.00%
10 Northeast Bank $1.3M 14 10.25%

🔄 Best Lenders for Local Trucking Companies Acquisitions

Looking to buy an existing general freight trucking, local business? These lenders specialize in acquisition financing:

Rank Lender Acquisition Volume Loans Avg Rate
1 First Financial Bank $20.4M 11 9.02%
2 GBank $6.0M 5 9.45%
3 Live Oak Banking Company $5.5M 3 9.58%
4 Celtic Bank Corporation $2.9M 3 10.25%
5 The Huntington National Bank $2.9M 3 9.13%
6 ConnectOne Bank $2.5M 2 9.88%
7 Dime Community Bank $2.3M 1 10.50%
8 Cadence Bank $2.2M 1 10.00%
9 Stock Yards Bank & Trust Company $2.0M 1 7.50%
10 Readycap Lending, LLC $1.9M 1 9.75%

🏢 Best Lenders for Existing Local Trucking Companies Businesses

Already running an established general freight trucking, local business? These lenders have funded the most loans to existing businesses in your industry:

Rank Lender Volume Loans Avg Rate
1 Northeast Bank $12.3M 81 10.27%
2 The Huntington National Bank $7.2M 113 9.73%
3 Readycap Lending, LLC $6.8M 2 10.25%
4 Enterprise Bank & Trust $4.7M 2 7.75%
5 Harvest Small Business Finance, LLC $4.5M 5 10.05%
6 Washington Trust Bank $4.2M 1 7.25%
7 JPMorgan Chase Bank, National Association $4.2M 19 11.36%
8 U.S. Bank, National Association $4.0M 3 7.31%
9 Cadence Bank $4.0M 3 9.75%
10 Lendistry SBLC, LLC $4.0M 26 12.21%

Top States for Local Trucking Companies SBA Loans

Here are the states with the highest SBA lending volume for Local Trucking Companies businesses:

Rank State Volume Loans
1 California $32.1M 70
2 North Carolina $14.1M 16
3 Texas $12.9M 42
4 Illinois $12.4M 58
5 New York $11.6M 38
6 Ohio $9.1M 64
7 Wisconsin $8.7M 13
8 Pennsylvania $7.1M 36
9 Arizona $7.0M 11
10 Connecticut $6.9M 10
11 Washington $6.3M 20
12 Missouri $6.2M 6
13 South Carolina $5.9M 10
14 Colorado $5.5M 15
15 Alabama $4.9M 3
16 Idaho $4.9M 12
17 Kentucky $4.2M 8
18 Michigan $4.2M 40
19 Massachusetts $4.0M 21
20 Virginia $4.0M 14
21 Florida $3.9M 30
22 New Jersey $3.7M 33
23 Georgia $3.5M 17
24 New Mexico $3.5M 4
25 Arkansas $3.4M 2
26 Montana $3.2M 3
27 Oregon $3.1M 8
28 Utah $2.8M 5
29 Maryland $2.7M 14
30 Iowa $2.2M 4
31 Minnesota $1.9M 12
32 Indiana $1.7M 14
33 Nevada $1.6M 3
34 Mississippi $1.1M 9
35 Alaska $850K 2
36 New Hampshire $795K 3
37 Delaware $679K 5
38 Maine $679K 10
39 South Dakota $628K 4
40 Tennessee $619K 1
41 Oklahoma $605K 4
42 West Virginia $489K 3
43 Kansas $446K 4
44 Vermont $255K 3
45 Nebraska $245K 3
46 Puerto Rico $111K 3
47 Louisiana $60K 1
48 Wyoming $50K 1
49 North Dakota $15K 1

Top Cities for Local Trucking Companies SBA Loans

Eau Claire, Wi

$6.7M
Volume

2
Loans

Phoenix, Az

$6.0M
Volume

5
Loans

Durham, Nc

$5.5M
Volume

4
Loans

Bakersfield, Ca

$5.3M
Volume

6
Loans

Rocky Point, Nc

$5.0M
Volume

2
Loans

South Windsor, Ct

$5.0M
Volume

1
Loans

Meridian, Id

$4.2M
Volume

1
Loans

Bessemer, Al

$3.9M
Volume

1
Loans

Waldo, Ar

$3.4M
Volume

1
Loans

Bloomington, Ca

$3.3M
Volume

1
Loans

Chicago, Il

$3.3M
Volume

9
Loans

North Canton, Oh

$3.3M
Volume

5
Loans

Hanahan, Sc

$3.2M
Volume

2
Loans

Billings, Mt

$3.1M
Volume

2
Loans

San Antonio, Tx

$2.7M
Volume

3
Loans

Bath, Pa

$2.6M
Volume

2
Loans

🤝 Why Use an SBA Broker for Local Trucking Companies Loans?

GoSBA Loans has extensive experience financing Local Trucking Companies businesses:

  • Industry expertise — we know which lenders specialize in Local Trucking Companies
  • Access to 144+ 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 Local Trucking Companies SBA Loan

Our team specializes in SBA financing for Local Trucking Companies businesses. Let us match you with the right lender for your specific needs.

Need SBA financing for your Local Trucking Companies business? GoSBA Loans specializes in SBA loans for Local Trucking Companies businesses. Contact our industry specialists today for a free consultation.

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http://gosbaloans.com

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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