Banco Popular, National Association - Florida
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Banco Popular, National Association - Florida · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 561730 | Landscaping Services | 1 | $50K | $50K | 5.0% |
| 812112 | Beauty Salons | 1 | $25K | $25K | 5.0% |
| 561520 | Tour Operators | 1 | $267K | $267K | 5.0% |
| 541110 | Offices of Lawyers | 1 | $30K | $30K | 5.0% |
| 335312 | Motor and Generator Manufacturing | 1 | $135K | $135K | 5.0% |
Geographic Distribution
SBA lending activity for Banco Popular, National Association - Florida by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Florida (FL) | 20 | $3.1M | 100.0% |
Why Choose Banco Popular, National Association - Florida?
Based on SBA 7(a) lending track record from 1995-2002
- ✓Proven Track Record: 20 SBA loans approved, totaling $3.1M in financing
- ✓Industry Expertise: Specialized focus on Landscaping Services, Beauty Salons, Tour Operators
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 93 months
- ✓Loan Range: Loan sizes from $10K to $1.4M, with an average of $156K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in FL
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 Popular, National Association - Florida SBA lending
What types of businesses does Banco Popular, National Association - Florida typically finance?
Banco Popular, National Association - Florida specializes in SBA 7(a) lending to specific industries including landscaping services, beauty salons, tour operators, offices of lawyers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Banco Popular, National Association - Florida's typical SBA loan terms?
Banco Popular, National Association - Florida's SBA 7(a) loans typically feature an average interest rate of — and average term length of 93 months (approximately 8 years). Loan sizes range from $10K to $1.4M, with an average loan size of $156K.
Do I need a business valuation for a Banco Popular, National Association - Florida SBA loan?
Yes, Banco Popular, National Association - Florida 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 Popular, National Association - Florida compare to other SBA lenders?
Banco Popular, National Association - Florida has originated 20 SBA loans totaling $3.1M since 1995. 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 Popular, National Association - Florida lend in?
Banco Popular, National Association - Florida provides SBA 7(a) financing with particularly strong presence in 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?
Certified valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.