Compare the top 144 SBA lenders for Local Trucking Companies businesses. $216.9M funded in 2025. Average rate 10.31%. Get matched free.
Best Local Trucking Companies SBA Lenders of 2026
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:
🔄 Best Lenders for Local Trucking Companies Acquisitions
Looking to buy an existing general freight trucking, local business? These lenders specialize in acquisition financing:
🏢 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:
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
🤝 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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