NAICS 45411245

SBA Loans for Electronic Auctions

Electronic Auctions are one of the most-funded SBA 7(a) industries. Explore which lenders are actually approving electronic auctions loans, what loan sizes they fund, and where activity is concentrated.

Find lenders funding electronic auctions

Total loans

170

all programs

Approved $

$23.4M

last 5 years

Avg loan

$137K

median $145K

Most active lender

VelocitySBA, LLC

44 loans

Jobs supported

312K

cumulative

Loan size distribution

SBA 7(a) · LAST 12 MONTHS

55.3%

14.7%

13.5%

11.8%

2.4%

1.8%

0.6%

<$50K

$50–100K

$100–250K

$250–500K

$500K–1M

$1–2M

$2M+

Most common range

$100K – $250K

34% of loans

Median

$145,000

90th percentile

$612,000

ELECTRONIC AUCTIONS-FRIENDLY LENDERS

The 5 lenders that approved 41% of electronic auctions SBA loans last year.

Submit your electronic auctions profile and we'll prioritize lenders that have already funded similar concept, size, and geography.

Get matched

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Top lenders for electronic auctions

VelocitySBA, LLC

U.S. Bank, National Association

Wells Fargo Bank National Association

TD Bank, National Association

Bank of America, National Association

JPMorgan Chase Bank, National Association

Top states for electronic auctions loans

Loan records · Electronic Auctions

170 records

Sort:

Borrower

Location

Program

Industry

Windlass, Inc.Farmers and Merchants Bank

Conyers, GA

30013

$3,500,000

$64K

7(a)

Electronic Auctions

2012-03-06

Pacific Pillows, LLC B:Side Capital

Denver, CO

80231

$1,537,000

$512K

504

Electronic Auctions

2015-03-20

BidOnFusion.com Bay Area Employment Development Company

Oakland, CA

94607

$1,331,000

$666K

504

Electronic Auctions

2015-04-13

Witcher Farms Inc.Merchants and Planters Bank

Wynne, AR

72396

$1,230,000

$246K

7(a)

Electronic Auctions

2015-03-27

1212 and 1226 East Harding Way LLC U.S. Bank, National Association

Stockton, CA

95205

$795,000

$133K

7(a)

Electronic Auctions

2019-12-20

Warehou5e LLC Unified Bank

North Canton, OH

44720

$738,900

$739K

7(a)

Electronic Auctions

2014-01-16

FFS, LLC U.S. Bank, National Association

Denver, CO

80246

$595,000

$24K

7(a)

Electronic Auctions

2008-08-27

RELIABLE TOOL INCORPORATED California Bank of Commerce, NA

Baldwin Park, CA

91706

$500,000

$31K

7(a)

Electronic Auctions

2008-02-29

Athena Brassart, LLC Enterprise Bank & Trust

Houston, TX

77039

$488,700

$122K

7(a)

Electronic Auctions

2011-06-29

Salt Dog LLC Renasant Bank

Carthage, MS

39051

$484,800

$485K

7(a)

Electronic Auctions

2015-08-12

SMITH SALES, LLC Hiawatha National Bank

Baldwin, WI

54002

$483,000

$81K

7(a)

Electronic Auctions

2011-02-14

Furmo, LLC U.S. Bank, National Association

Denver, CO

80246

$480,000

$19K

7(a)

Electronic Auctions

2008-08-27

Majorsales, LLC Zions Bank, A Division of

North Salt Lake, UT

84054

$450,000

$18K

7(a)

Electronic Auctions

2011-05-11

Salt Dog, LLC Renasant Bank

Carthage, MS

39051

$444,900

$445K

7(a)

Electronic Auctions

2015-07-28

Heritage Global Partners, Inc.United Western Bank

San Diego, CA

92130

$425,000

—

7(a)

Electronic Auctions

2010-04-09

NM UTAH LLC Celtic Bank Corporation

Wanship, UT

84017

$412,000

$41K

7(a)

Electronic Auctions

2005-08-26

Purple Wave, Inc.INTRUST Bank National Association

Manhattan, KS

66502

$400,000

$7K

7(a)

Electronic Auctions

2011-04-14

Erecycler LLC Alliance Lending Corporation

Garland, TX

75041

$380,000

$38K

504

Electronic Auctions

2006-11-27

Rare Coins Assets, LLC Eastern Bank

Goffstown, NH

$361,300

—

7(a)

Electronic Auctions

2017-01-31

Prochefs, Inc., A Texas Corporation Enterprise Bank & Trust

Grand Prairie, TX

75050

$361,200

—

7(a)

Electronic Auctions

2010-11-05

ERIC PETERSEN Celtic Bank Corporation

Coalville, UT

84017

$309,000

$34K

7(a)

Electronic Auctions

2005-08-08

FORTUNA ENTERPRISES, INC.KeyBank National Association

Buffalo, NY

14210

$300,000

—

7(a)

Electronic Auctions

2006-09-25

MEARS ON-LINE AUCTIONS, LLC Associated Bank, National Association

South Milwaukee, WI

53172

$275,000

$13K

7(a)

Electronic Auctions

2013-04-17

Bruche and Nachas Inc TD Bank, National Association

Brooklyn, NY

11230

$250,000

—

7(a)

Electronic Auctions

2023-08-05

Liberty Photo Supply Inc.TD Bank, National Association

Brooklyn, NY

11219

$250,000

—

7(a)

Electronic Auctions

2023-06-05

Farmers and Merchants Bank$64K/job · 2012-03-06

B:Side Capital$512K/job · 2015-03-20

Bay Area Employment Development Company$666K/job · 2015-04-13

Merchants and Planters Bank$246K/job · 2015-03-27

1212 and 1226 East Harding Way LLC

Stockton, CA · 95205

$795,000

7(a)

U.S. Bank, National Association$133K/job · 2019-12-20

Warehou5e LLC

North Canton, OH · 44720

$738,900

7(a)

Unified Bank$739K/job · 2014-01-16

U.S. Bank, National Association$24K/job · 2008-08-27

RELIABLE TOOL INCORPORATED

Baldwin Park, CA · 91706

$500,000

7(a)

California Bank of Commerce, NA$31K/job · 2008-02-29

Enterprise Bank & Trust$122K/job · 2011-06-29

Renasant Bank$485K/job · 2015-08-12

Hiawatha National Bank$81K/job · 2011-02-14

U.S. Bank, National Association$19K/job · 2008-08-27

Majorsales, LLC

North Salt Lake, UT · 84054

$450,000

7(a)

Zions Bank, A Division of$18K/job · 2011-05-11

Renasant Bank$445K/job · 2015-07-28

Heritage Global Partners, Inc.

San Diego, CA · 92130

$425,000

7(a)

United Western Bank2010-04-09

Celtic Bank Corporation$41K/job · 2005-08-26

Purple Wave, Inc.

Manhattan, KS · 66502

$400,000

7(a)

INTRUST Bank National Association$7K/job · 2011-04-14

Alliance Lending Corporation$38K/job · 2006-11-27

Rare Coins Assets, LLC

Goffstown, NH

$361,300

7(a)

Eastern Bank2017-01-31

Prochefs, Inc., A Texas Corporation

Grand Prairie, TX · 75050

$361,200

7(a)

Enterprise Bank & Trust2010-11-05

ERIC PETERSEN

Coalville, UT · 84017

$309,000

7(a)

Celtic Bank Corporation$34K/job · 2005-08-08

FORTUNA ENTERPRISES, INC.

Buffalo, NY · 14210

$300,000

7(a)

KeyBank National Association2006-09-25

MEARS ON-LINE AUCTIONS, LLC

South Milwaukee, WI · 53172

$275,000

7(a)

Associated Bank, National Association$13K/job · 2013-04-17

Bruche and Nachas Inc

Brooklyn, NY · 11230

$250,000

7(a)

TD Bank, National Association2023-08-05

Liberty Photo Supply Inc.

Brooklyn, NY · 11219

$250,000

7(a)

TD Bank, National Association2023-06-05

1–25 of 170

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