Business Finance Group, Inc.
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Business Finance Group, Inc.
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811111 | General Automotive Repair | 8 | $1.9M | $240K | 33.3% |
| 722511 | Full-Service Restaurants | 8 | $720K | $90K | 33.3% |
| 454110 | Electronic Shopping and Mail-Order Houses | 8 | $800K | $100K | 33.3% |
Geographic Distribution
SBA lending activity for Business Finance Group, Inc. by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Virginia (VA) | 24 | $3.4M | 100.0% |
Why Choose Business Finance Group, Inc.?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 24 SBA loans approved, totaling $3.4M in financing
- ✓Industry Expertise: Specialized focus on General Automotive Repair, Full-Service Restaurants, Electronic Shopping and Mail-Order Houses
- ✓Competitive Terms: Average interest rate of 7.00% with flexible term lengths averaging 120 months
- ✓Loan Range: Loan sizes from $90K to $240K, with an average of $143K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in VA
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 Business Finance Group, Inc. SBA lending
What types of businesses does Business Finance Group, Inc. typically finance?
Business Finance Group, Inc. specializes in SBA 7(a) lending to specific industries including general automotive repair, full-service restaurants, electronic shopping and mail-order houses. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Business Finance Group, Inc.'s typical SBA loan terms?
Business Finance Group, Inc.'s SBA 7(a) loans typically feature an average interest rate of 7.00% and average term length of 120 months (approximately 10 years). Loan sizes range from $90K to $240K, with an average loan size of $143K.
Do I need a business valuation for a Business Finance Group, Inc. SBA loan?
Yes, Business Finance Group, Inc. 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 Business Finance Group, Inc. compare to other SBA lenders?
Business Finance Group, Inc. has originated 24 SBA loans totaling $3.4M 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 Business Finance Group, Inc. lend in?
Business Finance Group, Inc. provides SBA 7(a) financing with particularly strong presence in VA. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
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