Banco Cooperativo de Puerto Rico
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Banco Cooperativo de Puerto Rico · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621210 | Offices of Dentists | 1 | $70K | $70K | 12.5% |
| 622210 | Psychiatric and Substance Abuse Hospitals | 1 | $60K | $60K | 12.5% |
Geographic Distribution
SBA lending activity for Banco Cooperativo de Puerto Rico by state
| State | Loans | Volume | Share |
|---|---|---|---|
| PR (PR) | 8 | $610K | 100.0% |
Why Choose Banco Cooperativo de Puerto Rico?
Based on SBA 7(a) lending track record from 1997-1999
- ✓Proven Track Record: 8 SBA loans approved, totaling $610K in financing
- ✓Industry Expertise: Specialized focus on Offices of Dentists, Psychiatric and Substance Abuse Hospitals
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 126 months
- ✓Loan Range: Loan sizes from $25K to $162K, with an average of $76K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in PR
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 Banco Cooperativo de Puerto Rico SBA lending
What types of businesses does Banco Cooperativo de Puerto Rico typically finance?
Banco Cooperativo de Puerto Rico specializes in SBA 7(a) lending to specific industries including offices of dentists, psychiatric and substance abuse hospitals. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Banco Cooperativo de Puerto Rico's typical SBA loan terms?
Banco Cooperativo de Puerto Rico's SBA 7(a) loans typically feature an average interest rate of — and average term length of 126 months (approximately 11 years). Loan sizes range from $25K to $162K, with an average loan size of $76K.
Do I need a business valuation for a Banco Cooperativo de Puerto Rico SBA loan?
Yes, Banco Cooperativo de Puerto Rico 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 Banco Cooperativo de Puerto Rico compare to other SBA lenders?
Banco Cooperativo de Puerto Rico has originated 8 SBA loans totaling $610K since 1997. 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 Banco Cooperativo de Puerto Rico lend in?
Banco Cooperativo de Puerto Rico provides SBA 7(a) financing with particularly strong presence in PR. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
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