Access National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Access National Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 236220 | Commercial and Institutional Building Construction | 1 | $400K | $400K | 50.0% |
| 541430 | Graphic Design Services | 1 | $150K | $150K | 50.0% |
Geographic Distribution
SBA lending activity for Access National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| District of Columbia (DC) | 1 | $400K | 50.0% |
| Virginia (VA) | 1 | $150K | 50.0% |
Why Choose Access National Bank?
Based on SBA 7(a) lending track record from 2003-2004
- ✓Proven Track Record: 2 SBA loans approved, totaling $550K in financing
- ✓Industry Expertise: Specialized focus on Commercial and Institutional Building Construction, Graphic Design Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 66 months
- ✓Loan Range: Loan sizes from $150K to $400K, with an average of $275K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in DC, VA
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Access National Bank SBA lending
What types of businesses does Access National Bank typically finance?
Access National Bank specializes in SBA 7(a) lending to specific industries including commercial and institutional building construction, graphic design services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Access National Bank's typical SBA loan terms?
Access National Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 66 months (approximately 6 years). Loan sizes range from $150K to $400K, with an average loan size of $275K.
Do I need a business valuation for a Access National Bank SBA loan?
Yes, Access National Bank typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Access National Bank compare to other SBA lenders?
Access National Bank has originated 2 SBA loans totaling $550K since 2003. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Access National Bank lend in?
Access National Bank provides SBA 7(a) financing with particularly strong presence in DC, VA. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
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