Lender intelligence
Financing a industrial machinery and equipment merchant wholesalers acquisition in Massachusetts
The SBA 7(a) lenders funding the most industrial machinery and equipment merchant wholesalers acquisitions in Massachusetts, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in industrial machinery and equipment merchant wholesalers · Massachusetts
Ranked by funded industrial machinery and equipment merchant wholesalers acquisitions in Massachusetts. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public industrial machinery and equipment merchant wholesalers loan history in Massachusetts to rank lenders yet. See industrial machinery and equipment merchant wholesalers lenders nationwide →
3+ funded Industrial Machinery and Equipment Merchant Wholesalers in Massachusetts deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Metro Industrial and Marine Supply, Inc. in New Bedford, MA — $4.6M (2020) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 132 mo (11 yrs)
- SBA guaranteed
- $3.5M (75%)
- Approval → funding
- 26 days
- Approved
- 8/5/2020
- First disbursed
- 8/31/2020
- Loan status
- Paid in full (10/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Industrial Machinery and Equipment Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $5.1M
- Est. down payment (10%)
- $511K
- Est. cash at closing
- $707K
- Monthly payment
- $47,104
- Annual debt service
- $565K
- Cash flow needed (1.25×)
- $707K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
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- Simplicity MA LLC in Westfield, MA — $2.3M (2020) · purchase · Citizens Bank, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 7.25% fixed
- Term
- 65 months
- SBA guaranteed
- $1.7M (75%)
- Approval → funding
- 40 days
- Approved
- 11/21/2019
- First disbursed
- 12/31/2019
- Loan status
- In workout — SBA bought the guarantee
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Industrial Machinery and Equipment Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $2.6M
- Est. down payment (10%)
- $257K
- Est. cash at closing
- $354K
- Monthly payment
- $43,078
- Annual debt service
- $517K
- Cash flow needed (1.25×)
- $646K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Citizens Bank, National Association · Lender record →
Your business? Claim this record · Request removal
- Metro Industrial and Marine Supply, Inc. in New Bedford, MA — $400K (2020) · purchase · Live Oak Banking Company
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $200K (50%)
- Approval → funding
- 26 days
- Approved
- 8/5/2020
- First disbursed
- 8/31/2020
- Loan status
- Paid in full (10/31/2023)
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Industrial Machinery and Equipment Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $444K
- Est. down payment (10%)
- $44K
- Est. cash at closing
- $59K
- Monthly payment
- $4,391
- Annual debt service
- $53K
- Cash flow needed (1.25×)
- $66K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
Financing a industrial machinery and equipment merchant wholesalers deal in Massachusetts? Start with the right lender
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to industrial machinery and equipment merchant wholesalers businesses with a Massachusetts project address.
Agent summary
How to finance a industrial machinery and equipment merchant wholesalers acquisition in Massachusetts with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Massachusetts deals. DealRoom is not a lender.
- $1.0M typical loan
- 2 lenders active in Massachusetts
- 3+ funded Massachusetts deals
- 26 days typical to fund
Buyers buying a industrial machinery and equipment merchant wholesalers in Massachusetts typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
Next steps
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.