AmSouth Bancorporation
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by AmSouth Bancorporation · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811192 | Car Washes | 1 | $370K | $370K | 100.0% |
Geographic Distribution
SBA lending activity for AmSouth Bancorporation by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Tennessee (TN) | 1 | $370K | 100.0% |
Why Choose AmSouth Bancorporation?
Based on SBA 7(a) lending track record from 1998-1998
- ✓Proven Track Record: 1 SBA loans approved, totaling $370K in financing
- ✓Industry Expertise: Specialized focus on Car Washes
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 180 months
- ✓Loan Range: Loan sizes from $370K to $370K, with an average of $370K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in TN
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 AmSouth Bancorporation SBA lending
What types of businesses does AmSouth Bancorporation typically finance?
AmSouth Bancorporation specializes in SBA 7(a) lending to specific industries including car washes. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are AmSouth Bancorporation's typical SBA loan terms?
AmSouth Bancorporation's SBA 7(a) loans typically feature an average interest rate of — and average term length of 180 months (approximately 15 years). Loan sizes range from $370K to $370K, with an average loan size of $370K.
Do I need a business valuation for a AmSouth Bancorporation SBA loan?
Yes, AmSouth Bancorporation 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 AmSouth Bancorporation compare to other SBA lenders?
AmSouth Bancorporation has originated 1 SBA loans totaling $370K 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 AmSouth Bancorporation lend in?
AmSouth Bancorporation provides SBA 7(a) financing with particularly strong presence in TN. 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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