Lending data
Who actually lends to real estate and rental businesses in New York?
314 SBA 7(a) loans went to real estate and rental businesses in New York recently, at a median of $100,000. Here are the lenders that made them, ranked.
314 SBA 7(a) loans went to real estate and rental businesses in New York in the most recent fiscal years. The median was $100,000 over 10 years. The most active lender was TD Bank, with 108 loans.
What lending to real estate and rental businesses in New York actually looks like
Every figure on this page is computed from SBA 7(a) loan-level FOIA data released 2026-06-30. It reflects loans that were actually approved, not rate cards or advertised ranges.
| Measure | Real estate and rental, New York | All 7(a) borrowers |
|---|---|---|
| Loans approved | 314 | 214,102 |
| Median loan | $100,000 | $150,000 |
| 25th - 75th percentile | $39,625 - $250,000 | $50,000 - $500,000 |
| Median term | 10 years | 10 years |
| Median initial rate | 11.25% | 10.25% |
| Share to startups | 25.5% | 33.6% |
| Charge-off rate, FY2010-19 cohort | 7.1% | 7.1% |
Which lenders actually funded them
Ranked by loans approved to real estate and rental businesses in New York. This is the list worth working from, because a lender that has funded dozens of businesses like yours in your state has seen your file before.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| TD Bank | 108 | $50,000 | 27% | 11.50% |
| Manufacturers and Traders Trust Company | 37 | $50,000 | 32% | 12.00% |
| JPMorgan Chase Bank | 28 | $100,000 | 4% | 14.35% |
| Readycap Lending, LLC | 18 | $350,000 | 0% | 11.25% |
| Newtek Bank | 11 | $150,000 | 18% | 11.50% |
| BayFirst National Bank | 10 | $150,000 | 0% | 12.38% |
| Live Oak Banking Company | 10 | $1,075,000 | 20% | 8.62% |
| NBT Bank | 6 | $272,250 | 83% | 7.62% |
| Lendistry SBLC, LLC | 5 | $252,700 | 0% | 12.00% |
| The Adirondack Trust Company | 4 | $62,500 | 0% | 7.38% |
What stands out in this market
Reading the figures above against the national picture:
- Loans here run smaller than average. The median of $100,000 is 33% 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 26% 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.
- One lender dominates. TD Bank alone made 34% of these loans, and the top three made 55%. That concentration usually means a lender with a dedicated program for this sector — worth starting there, but get a second quote so you know the terms are competitive.
- Rates run higher here. The median initial rate of 11.25% is 1.00 points above the 10.25% national median, which usually tracks loan size and perceived sector risk rather than geography.
Which of them lend to new businesses
Of those loans, 25.5% went to businesses the SBA classes as startups — new, under two years old, or opening with the proceeds. These are the lenders in this market that actually wrote them.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| TD Bank | 29 | $50,000 | 27% | 11.50% |
| Manufacturers and Traders Trust Company | 12 | $50,000 | 32% | 12.00% |
| NBT Bank | 5 | $272,250 | 83% | 7.62% |
| United Midwest Savings Bank | 3 | $150,000 | 100% | 10.25% |
| Genesee Regional Bank | 3 | $265,500 | 100% | 8.50% |
| Community Bank | 2 | $124,500 | 100% | 8.50% |
How to use this
- Shortlist three lenders from the table whose median loan is close to what you need.
- 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 the cash flow supports.
- Assemble the package before you call. The document checklist is the single biggest thing you control.
Compare other markets
- Other sectors in New York: retail, construction, professional services, restaurants and hotels, personal services, healthcare
- Real Estate in comparable states: Texas, Ohio, Florida, Colorado, New Jersey, Michigan