BankPacific Ltd
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by BankPacific Ltd · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541110 | Offices of Lawyers | 2 | $75K | $38K | 15.4% |
| 114111 | Finfish Fishing | 1 | $30K | $30K | 7.7% |
| 524127 | Direct Title Insurance Carriers | 1 | $50K | $50K | 7.7% |
| 621210 | Offices of Dentists | 1 | $1.0M | $1.0M | 7.7% |
| 325510 | Paint and Coating Manufacturing | 1 | $100K | $100K | 7.7% |
Geographic Distribution
SBA lending activity for BankPacific Ltd by state
| State | Loans | Volume | Share |
|---|---|---|---|
| GU (GU) | 12 | $2.1M | 92.3% |
| MP (MP) | 1 | $30K | 7.7% |
Why Choose BankPacific Ltd?
Based on SBA 7(a) lending track record from 1999-2011
- ✓Proven Track Record: 13 SBA loans approved, totaling $2.1M in financing
- ✓Industry Expertise: Specialized focus on Offices of Lawyers, Finfish Fishing, Direct Title Insurance Carriers
- ✓Competitive Terms: Average interest rate of 6.58% with flexible term lengths averaging 77 months
- ✓Loan Range: Loan sizes from $25K to $1.0M, with an average of $160K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in GU, MP
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 BankPacific Ltd SBA lending
What types of businesses does BankPacific Ltd typically finance?
BankPacific Ltd specializes in SBA 7(a) lending to specific industries including offices of lawyers, finfish fishing, direct title insurance carriers, offices of dentists. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are BankPacific Ltd's typical SBA loan terms?
BankPacific Ltd's SBA 7(a) loans typically feature an average interest rate of 6.58% and average term length of 77 months (approximately 6 years). Loan sizes range from $25K to $1.0M, with an average loan size of $160K.
Do I need a business valuation for a BankPacific Ltd SBA loan?
Yes, BankPacific Ltd 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 BankPacific Ltd compare to other SBA lenders?
BankPacific Ltd has originated 13 SBA loans totaling $2.1M since 1999. 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 BankPacific Ltd lend in?
BankPacific Ltd provides SBA 7(a) financing with particularly strong presence in GU, MP. 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.
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