SBA Change of Ownership Lending: 2025 vs. 2024

SBA Change of Ownership Lending: 2025 vs. 2024

Ready to acquire a business, buy out a partner, or step into succession? SBA 7(a) change of ownership loans—covering acquisitions, partner buyouts, and ownership transitions—are surging in 2025. Through June 30, loan volume is up 14.2%, total funding jumped 20.2%, and average deal size grew 5.3% compared to 2024. Using SBADNA Analytics we’re breaking down the data so you can see the momentum—and how LoanBox uses it to connect you with lenders who specialize in these exact deals.

Key Trends in Change of Ownership Lending: 2025 vs. 2024

• Total Loans Approved

  • 2025: 3,743 loans

  • 2024: 3,279 loans

  • Change: +14.2% (464 more), signaling rising demand for ownership transitions.

• Total Loan Amounts

  • 2025: $4.33 billion

  • 2024: $3.61 billion

  • Change: +20.2% ($727M), reflecting a major funding surge.

• Average Loan Size

  • 2025: $1,158,136

  • 2024: $1,100,257

  • Change: +5.3% ($57,879), showing bigger deals on average.

• Banks Involved

  • 2025: 530 banks

  • 2024: 550 banks

  • Change: -3.6% (20 fewer), indicating slight lender consolidation.

• Jobs Supported

  • 2025: 53,039 jobs

  • 2024: 46,141 jobs

  • Change: +15.0% (6,898 more), proving real economic impact.

Loan Size Breakdown

• < $150K: 518 loans (2025) vs. 502 (2024) → +3.2%

• $150K–$350K: 581 loans, $392.6M → +7.6% loans, +21.0% volume

• $350K–$1M: 1,305 loans → +14.4%

• > $1M: 1,339 loans, $3.91B → +22.2% loans, +20.7% volume — the big-deal boom

Franchise & Industry Activity

• Franchise Loans: $592.9M across 242 brands → +10.3% volume, +10.0% brands

• Avg. Franchise Loan: $1.34M (down 2.8%) — more deals, slightly smaller per unit

• Industry Groups: 187 (up 5.1%), $3.91B (up 20.7%)

• Subsectors: 66 (down 1), $4.33B (up 20.2%) — broader reach, higher funding

Geographic & Lending Patterns

• Out-of-State Funding: 74.8% (2025) vs. 73.4% (2024) → +1.9% — national lenders dominate

• Borrower Cities: 1,691 (up 8.8%), $4.33B (up 20.0%) — deals spreading nationwide

• Interest Rate Spread: 1.95% (up 2.1%) — lenders charging slightly more for risk

Think Inside the LoanBox

Change of ownership lending isn’t just growing—it’s booming, especially for $1M+ acquisitions and franchise buyouts. But not every bank is built for these deals. LoanBox uses this live SBADNA intel to match you with the exact lenders who closed the most change-of-ownership loans last quarter—74.8% of them out-of-state specialists who know your brand, your industry, and your model.

Don’t leave your transition to chance. Upload your deal package today, and let LoanBox deliver competitive proposals from proven acquisition lenders—faster, smarter, and with zero upfront fees.

Skip the confusion. Minimize risk. Maximize clarity. Think inside the LoanBox.