BankVista
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by BankVista · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621310 | Offices of Chiropractors | 81 | $17.1M | $211K | 7.6% |
| 722513 | Limited-Service Restaurants | 64 | $31.4M | $491K | 6.0% |
| 492110 | Couriers and Express Delivery Services | 62 | $39.1M | $630K | 5.8% |
| 722511 | Full-Service Restaurants | 37 | $11.1M | $300K | 3.5% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 25 | $9.4M | $376K | 2.3% |
| 332710 | Machine Shops | 23 | $14.9M | $648K | 2.1% |
| 621610 | Home Health Care Services | 20 | $8.0M | $400K | 1.9% |
| 484110 | General Freight Trucking, Local | 20 | $10.8M | $540K | 1.9% |
| 624120 | Services for the Elderly and Persons with Disabilities | 19 | $8.5M | $448K | 1.8% |
| 312120 | Breweries | 18 | $9.6M | $534K | 1.7% |
Geographic Distribution
SBA lending activity for BankVista by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Minnesota (MN) | 994 | $418.4M | 92.8% |
| Wisconsin (WI) | 30 | $21.8M | 2.8% |
| Washington (WA) | 2 | $3.4M | 0.2% |
| Oregon (OR) | 2 | $2.3M | 0.2% |
| North Dakota (ND) | 10 | $2.3M | 0.9% |
| Iowa (IA) | 5 | $2.1M | 0.5% |
| Colorado (CO) | 2 | $1.7M | 0.2% |
| Alaska (AK) | 2 | $1.0M | 0.2% |
| Utah (UT) | 1 | $1.0M | 0.1% |
| New Jersey (NJ) | 1 | $937K | 0.1% |
| Idaho (ID) | 4 | $634K | 0.4% |
| Florida (FL) | 2 | $593K | 0.2% |
| Tennessee (TN) | 1 | $495K | 0.1% |
| Montana (MT) | 3 | $481K | 0.3% |
| Nebraska (NE) | 1 | $424K | 0.1% |
| Michigan (MI) | 3 | $308K | 0.3% |
| California (CA) | 2 | $300K | 0.2% |
| Kentucky (KY) | 1 | $284K | 0.1% |
| Illinois (IL) | 1 | $270K | 0.1% |
| South Dakota (SD) | 2 | $264K | 0.2% |
| New York (NY) | 1 | $213K | 0.1% |
| Vermont (VT) | 1 | $100K | 0.1% |
Why Choose BankVista?
Based on SBA 7(a) lending track record from 2002-2025
- ✓Proven Track Record: 1,071 SBA loans approved, totaling $459.2M in financing
- ✓Industry Expertise: Specialized focus on Offices of Chiropractors, Limited-Service Restaurants, Couriers and Express Delivery Services
- ✓Competitive Terms: Average interest rate of 6.79% with flexible term lengths averaging 116 months
- ✓Loan Range: Loan sizes from $5K to $5.0M, with an average of $429K
- ✓Nationwide Reach: Active lending in 22 states, with strong presence in MN, WI, ND
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 BankVista SBA lending
What types of businesses does BankVista typically finance?
BankVista specializes in SBA 7(a) lending to specific industries including offices of chiropractors, limited-service restaurants, couriers and express delivery services, full-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are BankVista's typical SBA loan terms?
BankVista's SBA 7(a) loans typically feature an average interest rate of 6.79% and average term length of 116 months (approximately 10 years). Loan sizes range from $5K to $5.0M, with an average loan size of $429K.
Do I need a business valuation for a BankVista SBA loan?
Yes, BankVista 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 BankVista compare to other SBA lenders?
BankVista has originated 1,071 SBA loans totaling $459.2M since 2002. 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 BankVista lend in?
BankVista provides SBA 7(a) financing with particularly strong presence in MN, WI, ND, IA, ID. 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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