BancFirst
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by BancFirst
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 304 | $132.6M | $436K | 5.2% |
| 722511 | Full-Service Restaurants | 296 | $182.0M | $615K | 5.1% |
| 484121 | General Freight Trucking, Long Distance, Truckload | 272 | $24.9M | $91K | 4.7% |
| 484110 | General Freight Trucking, Local | 176 | $11.7M | $66K | 3.0% |
| 238990 | All Other Specialty Trade Contractors | 144 | $75.8M | $527K | 2.5% |
| 812990 | All Other Personal Services | 136 | $20.1M | $148K | 2.3% |
| 541990 | All Other Professional, Scientific, and Technical Services | 136 | $39.1M | $288K | 2.3% |
| 811111 | General Automotive Repair | 120 | $33.7M | $281K | 2.1% |
| 713940 | Fitness and Recreational Sports Centers | 96 | $11.6M | $121K | 1.7% |
| 524210 | Insurance Agencies and Brokerages | 88 | $52.5M | $597K | 1.5% |
Geographic Distribution
SBA lending activity for BancFirst by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oklahoma (OK) | 5,696 | $2.32B | 98.3% |
| Texas (TX) | 64 | $29.8M | 1.1% |
| Kansas (KS) | 16 | $9.6M | 0.3% |
| Florida (FL) | 8 | $1.8M | 0.1% |
| Missouri (MO) | 8 | $1.4M | 0.1% |
Why Choose BancFirst?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 5,792 SBA loans approved, totaling $2.36B in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Full-Service Restaurants, General Freight Trucking, Long Distance, Truckload
- ✓Competitive Terms: Average interest rate of 6.68% with flexible term lengths averaging 120 months
- ✓Loan Range: Loan sizes from $4K to $5.0M, with an average of $408K
- ✓Nationwide Reach: Active lending in 5 states, with strong presence in OK, TX, KS
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 BancFirst SBA lending
What types of businesses does BancFirst typically finance?
BancFirst specializes in SBA 7(a) lending to specific industries including limited-service restaurants, full-service restaurants, general freight trucking, long distance, truckload, general freight trucking, local. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are BancFirst's typical SBA loan terms?
BancFirst's SBA 7(a) loans typically feature an average interest rate of 6.68% and average term length of 120 months (approximately 10 years). Loan sizes range from $4K to $5.0M, with an average loan size of $408K.
Do I need a business valuation for a BancFirst SBA loan?
Yes, BancFirst 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 BancFirst compare to other SBA lenders?
BancFirst has originated 5,792 SBA loans totaling $2.36B since 2020. 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 BancFirst lend in?
BancFirst provides SBA 7(a) financing with particularly strong presence in OK, TX, KS, MO, FL. 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?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.