Bristol County Savings Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Bristol County Savings Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 561730 | Landscaping Services | 120 | $5.9M | $49K | 6.6% |
| 722513 | Limited-Service Restaurants | 88 | $18.0M | $204K | 4.9% |
| 236118 | Residential Remodelers | 72 | $4.0M | $56K | 4.0% |
| 484110 | General Freight Trucking, Local | 64 | $4.0M | $62K | 3.5% |
| 238210 | Electrical Contractors | 64 | $4.6M | $71K | 3.5% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 64 | $7.4M | $115K | 3.5% |
| 722511 | Full-Service Restaurants | 64 | $4.6M | $73K | 3.5% |
| 541211 | Offices of Certified Public Accountants | 56 | $7.2M | $129K | 3.1% |
| 624410 | Child Day Care Services | 48 | $8.4M | $175K | 2.7% |
| 441120 | Used Car Dealers | 40 | $9.6M | $240K | 2.2% |
Geographic Distribution
SBA lending activity for Bristol County Savings Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Rhode Island (RI) | 576 | $189.5M | 31.9% |
| Massachusetts (MA) | 1,224 | $142.5M | 67.7% |
| Connecticut (CT) | 8 | $2.0M | 0.4% |
Why Choose Bristol County Savings Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 1,808 SBA loans approved, totaling $334.0M in financing
- ✓Industry Expertise: Specialized focus on Landscaping Services, Limited-Service Restaurants, Residential Remodelers
- ✓Competitive Terms: Average interest rate of 7.95% with flexible term lengths averaging 91 months
- ✓Loan Range: Loan sizes from $10K to $5.0M, with an average of $185K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in MA, RI, CT
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 Bristol County Savings Bank SBA lending
What types of businesses does Bristol County Savings Bank typically finance?
Bristol County Savings Bank specializes in SBA 7(a) lending to specific industries including landscaping services, limited-service restaurants, residential remodelers, general freight trucking, local. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Bristol County Savings Bank's typical SBA loan terms?
Bristol County Savings Bank's SBA 7(a) loans typically feature an average interest rate of 7.95% and average term length of 91 months (approximately 8 years). Loan sizes range from $10K to $5.0M, with an average loan size of $185K.
Do I need a business valuation for a Bristol County Savings Bank SBA loan?
Yes, Bristol County Savings Bank 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 Bristol County Savings Bank compare to other SBA lenders?
Bristol County Savings Bank has originated 1,808 SBA loans totaling $334.0M since 2020. 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 Bristol County Savings Bank lend in?
Bristol County Savings Bank provides SBA 7(a) financing with particularly strong presence in MA, RI, CT. 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?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.