UMB Bank, National Association: SBA business acquisition lending record
UMB Bank, National Association (home state MO) approved 131 SBA 7(a) loans to buy existing businesses since FY2018, totaling $125M. The median loan was $585,000. It ranks number 79 of 280 lenders by count and made 0.3% of all SBA acquisition loans nationally.
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What this tells a borrower
- Deal size it funds. Half of its acquisition loans fell between $231,500 and $1,166,150. If your deal sits well outside that band, this lender may be less practiced at it.
- Geographic reach. Colorado is the largest state (15% of loans). Loans appear in at least 15 states, which points to a national lender.
- Industry concentration. Offices of Dentists is 7% of its acquisition loans. The mix is spread across several industries.
- Overall 7(a) volume. 453 SBA 7(a) loans of any purpose since FY2020, totaling $283M. 73% of its acquisition loans were processed under the Preferred Lenders Program.
- Franchise share. 9% of its acquisition loans involved a franchise brand, against 18% for all lenders.
- Seasoned performance. Of its loans from FY2018 to FY2021: 1.6% charged off, 53% lower than the 3.5% national average.
UMB Bank, National Association acquisition loans by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 8 | $5.9M | $593,500 | |
| FY2019 | 20 | $19.3M | $481,500 | |
| FY2020 | 18 | $23.6M | $647,750 | |
| FY2021 | 15 | $13.3M | $600,000 | |
| FY2022 | 14 | $8.8M | $365,000 | |
| FY2023 | 8 | $6.5M | $709,650 | |
| FY2024 | 20 | $14.7M | $496,000 | |
| FY2025 | 14 | $13.3M | $612,500 | |
| FY2026 | 14 | $19.4M | $850,000 |
How often do these acquisition loans fail?
Of the 61 UMB Bank, National Association acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 1 have been charged off by the SBA, a rate of 1.6% by loan count and 0.2% by dollars. 36 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 UMB Bank, National Association is 53% lower 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.
The purchase agreement decides what you bought, not the loan approval.
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States served
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Colorado | 20 | 15.3% | $25.6M | |
| 2 | Missouri | 18 | 13.7% | $8.3M | |
| 3 | Utah | 17 | 13.0% | $19M | |
| 4 | Kansas | 16 | 12.2% | $10.8M | |
| 5 | Arizona | 15 | 11.5% | $21.3M | |
| 6 | Texas | 11 | 8.4% | $7.9M | |
| 7 | New Mexico | 9 | 6.9% | $2.2M | |
| 8 | Wisconsin | 6 | 4.6% | $12.3M | |
| 9 | California | 6 | 4.6% | $4.9M | |
| 10 | Illinois | 5 | 3.8% | $4.5M | |
| 11 | Minnesota | 3 | 2.3% | $2.5M | |
| 12 | Nebraska | 2 | 1.5% | $478K | |
| 13 | Montana | 1 | 0.8% | $2.7M | |
| 14 | Indiana | 1 | 0.8% | $2.2M | |
| 15 | Oklahoma | 1 | 0.8% | $25K |
Industries financed
| # | Industry | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Offices of Dentists | 9 | 6.9% | $3.9M | |
| 2 | Car Washes | 6 | 4.6% | $5.9M | |
| 3 | Plumbing, Heating, and Air-Conditioning Contractors | 4 | 3.1% | $5.5M | |
| 4 | Landscaping Services | 4 | 3.1% | $2M | |
| 5 | Limited-Service Restaurants | 4 | 3.1% | $2M | |
| 6 | General Automotive Repair | 3 | 2.3% | $4.6M | |
| 7 | All Other Specialty Trade Contractors | 3 | 2.3% | $3.3M | |
| 8 | Beer, Wine, and Liquor Retailers | 3 | 2.3% | $2.2M | |
| 9 | Residential Property Managers | 3 | 2.3% | $1.6M | |
| 10 | Sporting Goods Retailers | 3 | 2.3% | $858K |
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Franchise brands financed
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Goodcents | 2 | 1.5% | $615K | |
| 2 | Batteries Plus | 1 | 0.8% | $5M | |
| 3 | CertaPro Painters | 1 | 0.8% | $810K | |
| 4 | Big O Tires | 1 | 0.8% | $658K | |
| 5 | Budget Blinds | 1 | 0.8% | $658K | |
| 6 | Dunkin' | 1 | 0.8% | $600K |
Questions buyers ask
Does UMB Bank, National Association make SBA acquisition loans?
Yes. UMB Bank, National Association approved 131 SBA 7(a) loans to buy existing businesses from FY2018 to FY2026, ranking number 79 of 280 lenders with 25 or more such loans. The SBA file shows past approvals only; it cannot tell you whether the lender will approve a particular buyer or deal.
How large are UMB Bank, National Association's acquisition loans?
The median was $585,000, with the middle half between $231,500 and $1,166,150. The national median is $645,250, so this lender's typical loan is 9% lower than the national figure.
Which states does UMB Bank, National Association lend in?
Colorado (20), Missouri (18), Utah (17), Kansas (16), Arizona (15), Texas (11). Its loans span at least 15 states.
Which industries does UMB Bank, National Association finance?
Offices of Dentists (9), Car Washes (6), Plumbing, Heating, and Air-Conditioning Contractors (4), Landscaping Services (4), Limited-Service Restaurants (4). The top industry is 7% of its acquisition loans.
How have UMB Bank, National Association's acquisition loans performed?
Of 61 loans approved FY2018 to FY2021: 1.6% charged off, 53% lower than the 3.5% national acquisition average. Charge-offs reflect the borrowers and industries a lender serves as well as its underwriting.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
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Related
- Colorado acquisitions
- Missouri acquisitions
- Utah acquisitions
- Offices of Dentists
- Car Washes
- Plumbing, Heating, and Air-Conditioning Contractors
- All lenders
Figures are aggregates of public SBA data. This page is not provided or endorsed by UMB Bank, National Association.