Lender intelligence
Financing a hardware stores acquisition in New York
The SBA 7(a) lenders funding the most hardware stores acquisitions in New York, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Deal economics— what it takes to buy & finance hardware stores in New York
$1.80M
Typical loan
range $1.80M–$1.80M
$2.00M
Est. purchase price
≈ loan ÷ 90%
$275,125
Cash to close
$200,000 down + fees
$23,539/mo
Typical payment
~9.75% · 10yr
$324,838/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
1
Lenders competing
more = leverage
6%
Avg rate on record
cap ~10.00%
Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.
Most active in hardware stores · New York
Ranked by funded hardware stores acquisitions in New York. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.4 loans · $4M · Hauppauge, NYFull record →
1+ funded Hardware Stores in New York 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.
- Chestnut Hill Enterprises, Inc. in Southold, NY — $1.8M (2021) · purchase · Dime Community Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.4M (75%)
- Approved
- 11/24/2020
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 10
- Business age
- Change of Ownership
- Industry
- Hardware Stores
If you were the buyer here
- Est. deal size
- $2.0M
- Est. down payment (10%)
- $200K
- Est. cash at closing
- $275K
- Monthly payment
- $19,984
- Annual debt service
- $240K
- Cash flow needed (1.25×)
- $300K
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 Dime Community Bank · Lender record →
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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to hardware stores businesses with a New York project address.
Agent summary
How to finance a hardware stores acquisition in New York with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded New York deals. Dime Community Bank funds the most here. CapBench is not a lender.
- $887K typical loan
- 1 lenders active in New York
- 1+ funded New York deals
Buyers buying a hardware stores in New York typically pre-qualify, then ask CapBench to introduce a lender active here — free for buyers; agents submit a consented lead via the CapBench MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-10-13.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.