SBA Loans for Financial Transactions Processing in Texas: Top Lenders
NAICS 522NAICS 522 covers financial transactions processing, reserve, and clearinghouse activiti businesses in Texas. Based on historical SBA 7(a) lending data.
Total Approvals
4
in Texas
Median Loan Size
$258,500
per approval
Recent Activity
0
last 90 days through Aug 2024
NAICS 522 covers financial transactions processing, reserve, and clearinghouse activiti businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $258,500.
Key trends & insights
- Financial Transactions Processing in Texas lending is concentrated — Readycap Lending, LLC, Comerica Bank, Plainscapital Bank together account for 75% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Readycap Lending, LLC leads this industry with 1 approvals (25% market share) and a median loan of $50,000.
- SBA data for this industry goes through 2024-08-08 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Financial Transactions Processing in Texas
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $50,000 | |
| 2 | 1 | $267,000 | |
| 3 | 1 | $970,000 | |
| 4 | 1 | $250,000 |
Recent SBA 7(a) approvals for Financial Transactions Processing in Texas
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-08 | Readycap Lending, LLC | J&R*****Inc | AUSTIN, TX | $50,000 |
| 2024-07 | Cadence Bank | MER*****LLC | Katy, TX | $250,000 |
| 2023-07 | Newtek Bank, National Association | UNI*****LLC | PROSPER, TX | $745,000 |
| 2022-07 | Comerica Bank | Car*****nc. | RICHMOND, TX | $267,000 |
| 2020-06 | PlainsCapital Bank | TKH*****LLC | McKINNEY, TX | $970,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Save your lender shortlist & build your packet
Answer 2 more questions to refine your ranking and export a lender-ready packet.
Save & export my packet