Industry · SBA lending record
SBA loans for clothing and clothing accessories retailers
2,477 SBA 7(a) loans since 2010. What they were for, how big, how long, and how often they went wrong.
How this industry compares
defaulted within 7 yearsDefault rate is not a judgement on the industry. It tells you how a lender will price your risk, and how much cushion you should build in.
When borrowers got into trouble
share of failures by yearTrouble rarely arrives in year one. It arrives when the opening cash is gone — which is an argument for borrowing more working capital, not less.
What this means for your application
A typical loan here runs $130k over 10 years. If you are asking for far more than that, expect harder questions and a longer file. If far less, check which lenders will even take it — many won't go below $150,000.
Find lenders by smallest loan → Check the numbers work →
SBA 504 lending in Clothing and Clothing Accessories Retailers
504 FOIA recordWhere a 7(a) loan covers working capital and general use, the 504 program funds the owner-occupied property and heavy equipment side — a bank first mortgage plus a fixed-rate second through a Certified Development Company. Here is the 504 record for clothing and clothing accessories retailers.
CDCs funding clothing and clothing accessories retailers most
- Florida First Capital Finance Corporation, Inc. — 17 loans
- Mortgage Capital Development Corporation — 17 loans
- Business Finance Capital — 13 loans
- Florida Business Development Corporation — 12 loans
- Empire State Certified Development Corporation — 9 loans
- Mountain West Small Business Finance — 9 loans
Most 504 loans for clothing and clothing accessories retailers are in California, Florida, Illinois, Utah.