Freight Transportation Arrangement: SBA business acquisition loan data
61 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Freight Transportation Arrangement (NAICS 488510), totaling $86.2M. Median loan $1,000,000, 55% higher than the all-acquisition median.
Terms signed in the LOI shape the purchase agreement that follows.
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Reading this industry's numbers
- Deal size. The loan excludes the buyer's equity and any seller note and may include working capital. A loan request far above $2,158,300 would be in the top quarter of SBA acquisition loans in this industry.
- Share of all acquisitions. This industry is 0.1% of all SBA-financed business purchases, ranking #145 of 300 industries tracked.
- Geography. Minnesota leads with 8 loans; the top five states account for 49% of the industry's acquisitions.
- Jobs. Lenders reported 1,301 jobs supported across these loans, about 21.3 per acquisition, a rough proxy for the size of business changing hands.
Freight Transportation Arrangement acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 4 | $4M | $675,000 | |
| FY2019 | 6 | $2.4M | $237,500 | |
| FY2020 | 6 | $2M | $335,650 | |
| FY2021 | 6 | $8.5M | $1,055,400 | |
| FY2022 | 10 | $13.2M | $1,023,000 | |
| FY2023 | 10 | $14.2M | $1,148,600 | |
| FY2024 | 3 | $5.9M | $1,329,900 | |
| FY2025 | 6 | $10.6M | $1,650,200 | |
| FY2026 | 10 | $25.4M | $2,187,800 |
How often do these acquisition loans fail?
Of the 22 Freight Transportation Arrangement acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), none have been charged off by the SBA. 13 have already been paid in full.
For comparison, Freight Transportation Arrangement has none charged off, against the 3.5% average across all SBA 7(a) acquisition loans in the same cohort. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
Terms signed in the LOI shape the purchase agreement that follows.
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Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Minnesota | 8 | 13.1% | $7.8M | |
| 2 | Florida | 6 | 9.8% | $11.4M | |
| 3 | Texas | 6 | 9.8% | $10.2M | |
| 4 | Illinois | 5 | 8.2% | $11.1M | |
| 5 | Ohio | 5 | 8.2% | $8M | |
| 6 | Washington | 5 | 8.2% | $4.7M | |
| 7 | North Dakota | 5 | 8.2% | $600K | |
| 8 | California | 3 | 4.9% | $3.9M | |
| 9 | Arizona | 3 | 4.9% | $3.6M | |
| 10 | Utah | 2 | 3.3% | $5.2M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Old National Bank | 6 | 9.8% | $7.8M | |
| 2 | Aspire Bank | 5 | 8.2% | $600K | |
| 3 | Live Oak Banking Company | 4 | 6.6% | $9.6M | |
| 4 | The Huntington National Bank | 4 | 6.6% | $3.5M | |
| 5 | CTBC Bank Corp. (USA) | 3 | 4.9% | $3.9M | |
| 6 | First Utah Bank | 2 | 3.3% | $5.2M | |
| 7 | BankVista | 2 | 3.3% | $3.9M | |
| 8 | Heritage Bank | 2 | 3.3% | $3M | |
| 9 | Customers Bank | 2 | 3.3% | $2.8M | |
| 10 | Bank OZK | 2 | 3.3% | $2.5M |
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentFree consultation. All 50 states.
Franchise brands in Freight Transportation Arrangement
3% of acquisition loans in this industry involved a franchised unit. Brands with the most SBA-financed resales:
| # | Brand | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | The UPS Store | 1 | 50.0% | $306K |
Questions buyers ask
How much is a typical SBA loan to buy a business in Freight Transportation Arrangement?
Median $1,000,000 across 61 acquisition loans (FY2018 to FY2026); the middle half ran $365,000 to $2,158,300. That is 55% higher than the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Freight Transportation Arrangement acquisitions?
Old National Bank (6), Aspire Bank (5), Live Oak Banking Company (4), The Huntington National Bank (4), CTBC Bank Corp. (USA) (3).
Are businesses in Freight Transportation Arrangement often franchised?
Rarely. Only 3% of acquisition loans in this industry involved a franchised business; most are independent operators.
How risky are SBA loans for buying a business in Freight Transportation Arrangement?
Of 22 seasoned loans (FY2018 to FY2021), none charged off, against the 3.5% benchmark for all SBA acquisition loans.
What loan terms are common for Freight Transportation Arrangement acquisitions?
Median term 10 years, average initial rate 7.24% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
The purchase agreement decides what you bought, not the loan approval.
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