Local lending data
Who lends to businesses in Barnstable County?
319 SBA 7(a) loans went to businesses in Barnstable County recently, at a median of $65,000. The lenders that made them, ranked, with local rates and startup share.
319 SBA 7(a) loans went to businesses in Barnstable County in the most recent fiscal years, at a median of $65,000. The most active lender was Eastern Bank, with 79 loans.
SBA lending in Barnstable County, by the numbers
Every figure here is computed from SBA 7(a) loan-level FOIA data released 2026-06-30 — loans that were actually approved to businesses in this county, not advertised ranges.
| Measure | Barnstable County | Massachusetts | National |
|---|---|---|---|
| Loans approved | 319 | 5,664 | 214,102 |
| Median loan | $65,000 | $100,000 | $150,000 |
| 25th - 75th percentile | $35,000 - $200,000 | $50,000 - $252,000 | $50,000 - $500,000 |
| Median term | 10 years | 10 years | 10 years |
| Median initial rate | 10.25% | 10.00% | 10.25% |
| Share to startups | 22.3% | 27.9% | 33.6% |
| Charge-off rate, FY2010-19 | 5.6% | 5.9% | 7.1% |
| Jobs supported | 2,674 | 51,061 | 2,142,602 |
Which lenders actually funded them
Ranked by loans approved to businesses in Barnstable County. The median, startup share and rate columns describe each lender's own loans in this county, not its national averages.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| Eastern Bank | 79 | $50,000 | 19% | 10.74% |
| TD Bank | 69 | $50,000 | 28% | 11.50% |
| The Cape Cod Five Cents Savings Bank | 48 | $50,000 | 21% | 9.50% |
| Rockland Trust Company | 21 | $75,000 | 33% | 7.50% |
| Cape and Coast Bank | 15 | $350,000 | 33% | 9.50% |
| Cape & Islands Community Development, Inc | 8 | $150,000 | 62% | 8.50% |
| Readycap Lending, LLC | 7 | $50,000 | 0% | 14.00% |
| Northeast Bank | 6 | $46,300 | 17% | 10.62% |
| Webster Bank | 5 | $400,000 | 20% | 7.00% |
| Santander Bank | 5 | $70,000 | 0% | 11.50% |
What stands out here
Reading these figures against the national picture:
- Loans here run smaller than average. The median of $65,000 is 57% below the $150,000 national median. Smaller loans price higher under the SBA spread caps, so budget for a rate above the headline range.
- This is a hard market for new businesses. Only 22% of these loans went to startups, against 34% nationally. If you are pre-revenue, work from the startup table below rather than the main list.
- No single lender dominates, but the top three made 61% of these loans, so the shortlist below covers most of the active market.
Who borrows in Barnstable County
The mix of industries taking SBA loans here, led by construction.
| Sector | Loans | Share |
|---|---|---|
| Construction | 77 | 24.1% |
| Admin Services | 48 | 15.0% |
| Restaurants and Hotels | 44 | 13.8% |
| Retail | 38 | 11.9% |
| Professional Services | 28 | 8.8% |
| Personal Services | 19 | 6.0% |
| Healthcare | 16 | 5.0% |
| Manufacturing | 11 | 3.4% |
How to use this
- Shortlist three lenders from the table whose median loan in this county is close to what you need. Size match matters more than brand.
- Ask each whether they are a Preferred Lender and how many 7(a) loans they closed last year — see choosing an SBA lender.
- Check your coverage first with the affordability calculator, so you ask for a number your cash flow supports.
- Follow your sector link in the table above for lender data specific to your industry across Massachusetts.
Other counties in Massachusetts
- Nearby markets with published data: Middlesex County, Essex County, Worcester County, Norfolk County, Suffolk County, Plymouth County, Bristol County, Hampden County