Lender intelligence
Financing a locksmiths acquisition in Massachusetts
The SBA 7(a) lenders funding the most locksmiths acquisitions in Massachusetts, 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 locksmiths in Massachusetts
$250K
Typical loan
range $250K–$250K
$278K
Est. purchase price
≈ loan ÷ 90%
$37,153
Cash to close
$27,778 down + fees
$3,659/mo
Typical payment
~12.5% · 10yr
$50,494/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
56 days
Typical time to fund
2
Lenders competing
more = leverage
7.38%
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 locksmiths · Massachusetts
Ranked by funded locksmiths acquisitions in Massachusetts. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.57 loans · $74M · Winston-Salem, NCFull record →
2+ funded Locksmiths 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.
- Leal Services, LLC in Leominster, MA — $250K (2026) · purchase · Truliant FCU
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $188K (75%)
- Approved
- 2/26/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Locksmiths
If you were the buyer here
- Est. deal size
- $278K
- Est. down payment (10%)
- $28K
- Est. cash at closing
- $37K
- Monthly payment
- $3,235
- Annual debt service
- $39K
- Cash flow needed (1.25×)
- $49K
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 Truliant FCU · Lender record →
Your business? Claim this record · Request removal
- El Dorado Inc in Concord, MA — $250K (2020) · purchase · Eastern Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.25% fixed
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $125K (50%)
- Approval → funding
- 56 days
- Approved
- 5/5/2020
- First disbursed
- 6/30/2020
- Loan status
- Paid in full (2/28/2022)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Locksmiths
If you were the buyer here
- Est. deal size
- $278K
- Est. down payment (10%)
- $28K
- Est. cash at closing
- $37K
- Monthly payment
- $3,563
- Annual debt service
- $43K
- Cash flow needed (1.25×)
- $53K
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 Eastern Bank · Lender record →
Your business? Claim this record · Request removal
Financing a locksmiths deal in Massachusetts? Start with the right lender
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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to locksmiths businesses with a Massachusetts project address.
Agent summary
How to finance a locksmiths 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. Truliant FCU funds the most here. CapBench is not a lender.
- $402K typical loan
- 2 lenders active in Massachusetts
- 2+ funded Massachusetts deals
- 56 days typical to fund
Buyers buying a locksmiths in Massachusetts 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 2026-06-17.
- 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.