SBA Loans for Insurance Agencies and Brokerages in Delaware: Top Lenders

NAICS 524

NAICS 524 covers insurance agencies and brokerages businesses in Delaware. Based on historical SBA 7(a) lending data.

Total Approvals

4

in Delaware

Median Loan Size

$216,750

per approval

Recent Activity

0

last 90 days through Nov 2023

NAICS 524 covers insurance agencies and brokerages businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $216,750.

Key trends & insights

  • Insurance Agencies and Brokerages in Delaware lending is concentrated — Readycap Lending, LLC, Live OAK Banking Company, Manufacturers AND Traders Trust Company 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 $58,500.
  • Insurance Agencies and Brokerages in Delaware loans skew smaller than the SBA average at $216,750 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
  • SBA data for this industry goes through 2023-11-05 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Insurance Agencies and Brokerages in Delaware

#LenderApprovalsMedian Size
11$58,500
21$375,000
31$10,000
41$3,870,000

Recent SBA 7(a) approvals for Insurance Agencies and Brokerages in Delaware

MonthLenderBorrowerAmount
2023-11Pathward National AssociationA t*****LLC$3,870,000
2022-04Readycap Lending, LLCTol*****ncy$58,500
2022-03Manufacturers and Traders Trust CompanyONE*****LLC$10,000
2020-08Live Oak Banking CompanyWys*****nc.$375,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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