Local Messengers and Local Delivery: SBA business acquisition loan data
91 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Local Messengers and Local Delivery (NAICS 492210), totaling $89.4M. Median loan $725,000, 12% higher than the all-acquisition median.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsFree consultation. All 50 states.
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 $1,327,500 would be in the top quarter of SBA acquisition loans in this industry.
- Share of all acquisitions. This industry is 0.2% of all SBA-financed business purchases, ranking #106 of 300 industries tracked.
- Geography. Florida leads with 8 loans; the top five states account for 31% of the industry's acquisitions.
- Jobs. Lenders reported 1,504 jobs supported across these loans, about 16.5 per acquisition, a rough proxy for the size of business changing hands.
Local Messengers and Local Delivery acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 12 | $8.6M | $682,500 | |
| FY2019 | 9 | $4.2M | $468,600 | |
| FY2020 | 15 | $15.3M | $1,109,200 | |
| FY2021 | 12 | $7.9M | $563,350 | |
| FY2022 | 9 | $7.8M | $514,600 | |
| FY2023 | 7 | $8.4M | $887,500 | |
| FY2024 | 6 | $7.4M | $925,000 | |
| FY2025 | 12 | $17.7M | $1,107,950 | |
| FY2026 | 9 | $12.1M | $1,432,000 |
How often do these acquisition loans fail?
Of the 48 Local Messengers and Local Delivery acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 2 have been charged off by the SBA, a rate of 4.2% by loan count and 4.7% by dollars. 30 have already been paid in full.
For comparison, the charge-off rate across all SBA 7(a) acquisition loans in the same cohort is 3.5%, so Local Messengers and Local Delivery is 18% higher than the acquisition-loan average. 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.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Florida | 8 | 8.8% | $9.7M | |
| 2 | California | 6 | 6.6% | $7.3M | |
| 3 | Georgia | 5 | 5.5% | $5.9M | |
| 4 | Ohio | 5 | 5.5% | $5.5M | |
| 5 | Illinois | 4 | 4.4% | $5.3M | |
| 6 | Wisconsin | 4 | 4.4% | $4.5M | |
| 7 | Tennessee | 4 | 4.4% | $4.2M | |
| 8 | Michigan | 4 | 4.4% | $3.7M | |
| 9 | Virginia | 4 | 4.4% | $3M | |
| 10 | Massachusetts | 4 | 4.4% | $1M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Stearns Bank National Association | 14 | 15.4% | $7.5M | |
| 2 | The Huntington National Bank | 9 | 9.9% | $7.3M | |
| 3 | GBank | 7 | 7.7% | $8.7M | |
| 4 | Byline Bank | 6 | 6.6% | $7.9M | |
| 5 | Celtic Bank Corporation | 6 | 6.6% | $6.2M | |
| 6 | Live Oak Banking Company | 3 | 3.3% | $5M | |
| 7 | IncredibleBank | 3 | 3.3% | $3.4M | |
| 8 | BankUnited, National Association | 3 | 3.3% | $2.3M | |
| 9 | Needham Bank | 3 | 3.3% | $829K | |
| 10 | Gulf Coast Bank and Trust Company | 2 | 2.2% | $2.4M |
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentFree consultation. All 50 states.
Franchise brands in Local Messengers and Local Delivery
9% 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 | 7 | 87.5% | $3.2M |
Questions buyers ask
How much is a typical SBA loan to buy a business in Local Messengers and Local Delivery?
Median $725,000 across 91 acquisition loans (FY2018 to FY2026); the middle half ran $411,750 to $1,327,500. That is 12% higher than the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Local Messengers and Local Delivery acquisitions?
Stearns Bank National Association (14), The Huntington National Bank (9), GBank (7), Byline Bank (6), Celtic Bank Corporation (6).
Are businesses in Local Messengers and Local Delivery often franchised?
Sometimes. 9% of SBA acquisition loans in this industry financed a franchised unit. Top brands: The UPS Store.
How risky are SBA loans for buying a business in Local Messengers and Local Delivery?
Of 48 seasoned loans (FY2018 to FY2021), 4.2% charged off, 18% higher than the 3.5% benchmark for all SBA acquisition loans.
What loan terms are common for Local Messengers and Local Delivery acquisitions?
Median term 10 years, average initial rate 7.60% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options