Albank Commercial
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Albank Commercial · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 332710 | Machine Shops | 1 | $225K | $225K | 14.3% |
| 541512 | Computer Systems Design Services | 1 | $20K | $20K | 14.3% |
| 811111 | General Automotive Repair | 1 | $130K | $130K | 14.3% |
Geographic Distribution
SBA lending activity for Albank Commercial by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New York (NY) | 7 | $670K | 100.0% |
Why Choose Albank Commercial?
Based on SBA 7(a) lending track record from 1998-2002
- ✓Proven Track Record: 7 SBA loans approved, totaling $670K in financing
- ✓Industry Expertise: Specialized focus on Machine Shops, Computer Systems Design Services, General Automotive Repair
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 91 months
- ✓Loan Range: Loan sizes from $20K to $225K, with an average of $96K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in NY
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 Albank Commercial SBA lending
What types of businesses does Albank Commercial typically finance?
Albank Commercial specializes in SBA 7(a) lending to specific industries including machine shops, computer systems design services, general automotive repair. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Albank Commercial's typical SBA loan terms?
Albank Commercial's SBA 7(a) loans typically feature an average interest rate of — and average term length of 91 months (approximately 8 years). Loan sizes range from $20K to $225K, with an average loan size of $96K.
Do I need a business valuation for a Albank Commercial SBA loan?
Yes, Albank Commercial 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 Albank Commercial compare to other SBA lenders?
Albank Commercial has originated 7 SBA loans totaling $670K since 1998. 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 Albank Commercial lend in?
Albank Commercial provides SBA 7(a) financing with particularly strong presence in NY. 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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