Lender intelligence
Financing a used car dealers acquisition in Massachusetts
The SBA 7(a) lenders funding the most used car dealers 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 used car dealers · Massachusetts
Ranked by funded used car dealers acquisitions in Massachusetts. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.129 loans · $234M · New York, NYFull record →
1+ funded Used Car Dealers 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.
- Drive Automotive Sales & Service LLC in Weymouth, MA — $1.4M (2024) · purchase · Port 51 Lending LLC
- Program
- Preferred Lenders Program
- Rate at approval
- 10.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.1M (75%)
- Approval → funding
- 13 days
- Approved
- 9/17/2024
- First disbursed
- 9/30/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Used Car Dealers
If you were the buyer here
- Est. deal size
- $1.6M
- Est. down payment (10%)
- $156K
- Est. cash at closing
- $213K
- Monthly payment
- $13,469
- Annual debt service
- $162K
- Cash flow needed (1.25×)
- $202K
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 Port 51 Lending LLC · Lender record →
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to used car dealers businesses with a Massachusetts project address.
Agent summary
How to finance a used car dealers 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. Port 51 Lending LLC funds the most here. DealRoom is not a lender.
- $614K typical loan
- 1 lenders active in Massachusetts
- 1+ funded Massachusetts deals
- 13 days typical to fund
Buyers buying a used car dealers 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.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
- Sources: