Lender intelligence

Financing a hardware stores acquisition in Washington

State:

The SBA 7(a) lenders funding the most hardware stores acquisitions in Washington, 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 Washington

$777K

Typical loan

range $230K–$967K

$863K

Est. purchase price

≈ loan ÷ 90%

$118,309

Cash to close

$86,278 down + fees

$10,048/mo

Typical payment

~9.5% · 10yr

$138,662/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

41 days

Typical time to fund

Lenders competing

more = leverage

5.13%

Avg rate on record

cap ~9.75%

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 · Washington

Ranked by funded hardware stores acquisitions in Washington. Tap a lender for its full record, or hit Get in touch for an introduction.

Not enough public hardware stores loan history in Washington to rank lenders yet. See hardware stores lenders nationwide →

4+ funded Hardware Stores in Washington 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.

HENDRICKS HARDWARE, INC. in Lynden, WA — $777K (2021) · purchase · Banner Bank
Program
Preferred Lenders Program
Rate at approval
5.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$582K (75%)
Approval → funding
472 days
Approved
11/20/2020
First disbursed
3/7/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
2
Business age
Change of Ownership
Industry
Hardware Stores
If you were the buyer here
Est. deal size
$863K
Est. down payment (10%)
$86K
Est. cash at closing
$118K
Monthly payment
$8,331
Annual debt service
$100K
Cash flow needed (1.25×)
$125K
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 Banner Bank · Lender record →
Your business? Claim this record · Request removal
Cedars Hardware Supply, LLC in Ferndale, WA — $967K (2020) · purchase · Columbia Bank
Program
Preferred Lenders Program
Rate at approval
5.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$725K (75%)
Approval → funding
28 days
Approved
9/2/2020
First disbursed
9/30/2020
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
15
Business age
Change of Ownership
Industry
Hardware Stores
If you were the buyer here
Est. deal size
$1.1M
Est. down payment (10%)
$107K
Est. cash at closing
$147K
Monthly payment
$10,370
Annual debt service
$124K
Cash flow needed (1.25×)
$156K
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 Columbia Bank · Lender record →
Your business? Claim this record · Request removal
Miller's Hardware Spokane, Inc. in Spokane, WA — $230K (2020) · purchase · Washington Trust Bank
Program
Preferred Lenders Program
Rate at approval
4.75% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$173K (75%)
Approval → funding
41 days
Approved
7/21/2020
First disbursed
8/31/2020
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
7
Business age
Change of Ownership
Industry
Hardware Stores
If you were the buyer here
Est. deal size
$256K
Est. down payment (10%)
$26K
Est. cash at closing
$34K
Monthly payment
$2,411
Annual debt service
$29K
Cash flow needed (1.25×)
$36K
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 Washington Trust Bank · Lender record →
Your business? Claim this record · Request removal
Cedars Hardware Supply, LLC in Ferndale, WA — $200K (2020) · purchase · Columbia Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
5.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$100K (50%)
Approval → funding
28 days
Approved
9/2/2020
First disbursed
9/30/2020
Loan status
Current
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
15
Business age
Change of Ownership
Industry
Hardware Stores
If you were the buyer here
Est. deal size
$222K
Est. down payment (10%)
$22K
Est. cash at closing
$30K
Monthly payment
$2,146
Annual debt service
$26K
Cash flow needed (1.25×)
$32K
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 Columbia Bank · Lender record →
Your business? Claim this record · Request removal

Financing a hardware stores deal in Washington? Start with the right lender

We'll point you to the SBA lenders already funding your industry in your state — and help you make them compete on rate and speed.

Free · No documents · Usually same-day

Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision.

CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to hardware stores businesses with a Washington project address.

Agent summary

How to finance a hardware stores acquisition in Washington with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Washington deals. CapBench is not a lender.

$887K typical loan
3 lenders active in Washington
4+ funded Washington deals
41 days typical to fund

Buyers buying a hardware stores in Washington typically pre-qualify, then ask CapBench to introduce a lender active here — free for buyers; agents submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker All hardware stores lenders

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/industry/hardware-stores/washington
API:: https://www.capbench.com/api/public/lenders?industry=hardware-stores
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.