Carolina Small Business Development Fund
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Carolina Small Business Development Fund
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722515 | Snack and Nonalcoholic Beverage Bars | 56 | $13.5M | $242K | 10.1% |
| 624410 | Child Day Care Services | 24 | $4.0M | $167K | 4.3% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 24 | $2.3M | $95K | 4.3% |
| 722513 | Limited-Service Restaurants | 24 | $6.2M | $258K | 4.3% |
| 722511 | Full-Service Restaurants | 16 | $4.1M | $257K | 2.9% |
| 456199 | Other | 16 | $4.6M | $290K | 2.9% |
| 561510 | Travel Agencies | 16 | $1.2M | $72K | 2.9% |
| 238990 | All Other Specialty Trade Contractors | 16 | $5.3M | $329K | 2.9% |
| 485991 | Special Needs Transportation | 16 | $2.0M | $124K | 2.9% |
| 812112 | Beauty Salons | 16 | $4.7M | $294K | 2.9% |
Geographic Distribution
SBA lending activity for Carolina Small Business Development Fund by state
| State | Loans | Volume | Share |
|---|---|---|---|
| North Carolina (NC) | 544 | $110.5M | 98.6% |
| South Carolina (SC) | 8 | $400K | 1.4% |
Why Choose Carolina Small Business Development Fund?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 552 SBA loans approved, totaling $110.9M in financing
- ✓Industry Expertise: Specialized focus on Snack and Nonalcoholic Beverage Bars, Child Day Care Services, Offices of Physicians (except Mental Health Specialists)
- ✓Competitive Terms: Average interest rate of 9.81% with flexible term lengths averaging 116 months
- ✓Loan Range: Loan sizes from $50K to $350K, with an average of $201K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in NC, SC
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 Carolina Small Business Development Fund SBA lending
What types of businesses does Carolina Small Business Development Fund typically finance?
Carolina Small Business Development Fund specializes in SBA 7(a) lending to specific industries including snack and nonalcoholic beverage bars, child day care services, offices of physicians (except mental health specialists), limited-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Carolina Small Business Development Fund's typical SBA loan terms?
Carolina Small Business Development Fund's SBA 7(a) loans typically feature an average interest rate of 9.81% and average term length of 116 months (approximately 10 years). Loan sizes range from $50K to $350K, with an average loan size of $201K.
Do I need a business valuation for a Carolina Small Business Development Fund SBA loan?
Yes, Carolina Small Business Development Fund 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 Carolina Small Business Development Fund compare to other SBA lenders?
Carolina Small Business Development Fund has originated 552 SBA loans totaling $110.9M 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 Carolina Small Business Development Fund lend in?
Carolina Small Business Development Fund provides SBA 7(a) financing with particularly strong presence in NC, SC. 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.
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