Bank of Deerfield
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Bank of Deerfield · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541211 | Offices of Certified Public Accountants | 1 | $1.3M | $1.3M | 33.3% |
| 541921 | Photography Studios, Portrait | 1 | $310K | $310K | 33.3% |
Geographic Distribution
SBA lending activity for Bank of Deerfield by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Wisconsin (WI) | 3 | $1.8M | 100.0% |
Why Choose Bank of Deerfield?
Based on SBA 7(a) lending track record from 1993-2007
- ✓Proven Track Record: 3 SBA loans approved, totaling $1.8M in financing
- ✓Industry Expertise: Specialized focus on Offices of Certified Public Accountants, Photography Studios, Portrait
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 220 months
- ✓Loan Range: Loan sizes from $184K to $1.3M, with an average of $597K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in WI
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 Bank of Deerfield SBA lending
What types of businesses does Bank of Deerfield typically finance?
Bank of Deerfield specializes in SBA 7(a) lending to specific industries including offices of certified public accountants, photography studios, portrait. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Bank of Deerfield's typical SBA loan terms?
Bank of Deerfield's SBA 7(a) loans typically feature an average interest rate of — and average term length of 220 months (approximately 18 years). Loan sizes range from $184K to $1.3M, with an average loan size of $597K.
Do I need a business valuation for a Bank of Deerfield SBA loan?
Yes, Bank of Deerfield 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 Bank of Deerfield compare to other SBA lenders?
Bank of Deerfield has originated 3 SBA loans totaling $1.8M since 1993. 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 Bank of Deerfield lend in?
Bank of Deerfield provides SBA 7(a) financing with particularly strong presence in WI. 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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