Lender intelligence
Financing a used car dealers acquisition in Ohio
The SBA 7(a) lenders funding the most used car dealers acquisitions in Ohio, 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 · Ohio
Ranked by funded used car dealers acquisitions in Ohio. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.105 loans · $51M · Fitzgerald, GAFull record →
1+ funded Used Car Dealers in Ohio 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.
- Mershons in Springfield, OH — $4.8M (2025) · purchase · Colony Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $3.6M (75%)
- Approval → funding
- 32 days
- Approved
- 3/10/2025
- First disbursed
- 4/11/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Used Car Dealers
If you were the buyer here
- Est. deal size
- $5.4M
- Est. down payment (10%)
- $535K
- Est. cash at closing
- $740K
- Monthly payment
- $42,070
- Annual debt service
- $505K
- Cash flow needed (1.25×)
- $631K
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 Colony Bank · 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 Ohio project address.
Agent summary
How to finance a used car dealers acquisition in Ohio with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Ohio deals. Colony Bank funds the most here. DealRoom is not a lender.
- $614K typical loan
- 1 lenders active in Ohio
- 1+ funded Ohio deals
- 32 days typical to fund
Buyers buying a used car dealers in Ohio 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:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.