Century South Bank of Alabama
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Century South Bank of Alabama · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 445230 | Fruit and Vegetable Retailers | 1 | $100K | $100K | 2.1% |
| 624410 | Child Care Services | 1 | $94K | $94K | 2.1% |
| 333111 | Farm Machinery and Equipment Manufacturing | 1 | $450K | $450K | 2.1% |
| 323111 | Commercial Printing (except Screen and Books) | 1 | $20K | $20K | 2.1% |
| 621391 | Offices of Podiatrists | 1 | $90K | $90K | 2.1% |
| 541921 | Photography Studios, Portrait | 1 | $15K | $15K | 2.1% |
| 331511 | Iron Foundries | 1 | $43K | $43K | 2.1% |
| 621610 | Home Health Care Services | 1 | $43K | $43K | 2.1% |
| 811111 | General Automotive Repair | 1 | $106K | $106K | 2.1% |
| 621320 | Offices of Optometrists | 1 | $72K | $72K | 2.1% |
Geographic Distribution
SBA lending activity for Century South Bank of Alabama by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Alabama (AL) | 48 | $5.9M | 100.0% |
Why Choose Century South Bank of Alabama?
Based on SBA 7(a) lending track record from 1991-2003
- ✓Proven Track Record: 48 SBA loans approved, totaling $5.9M in financing
- ✓Industry Expertise: Specialized focus on Fruit and Vegetable Retailers, Child Care Services, Farm Machinery and Equipment Manufacturing
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 94 months
- ✓Loan Range: Loan sizes from $9K to $600K, with an average of $123K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in AL
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 Century South Bank of Alabama SBA lending
What types of businesses does Century South Bank of Alabama typically finance?
Century South Bank of Alabama specializes in SBA 7(a) lending to specific industries including fruit and vegetable retailers, child care services, farm machinery and equipment manufacturing, commercial printing (except screen and books). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Century South Bank of Alabama's typical SBA loan terms?
Century South Bank of Alabama's SBA 7(a) loans typically feature an average interest rate of — and average term length of 94 months (approximately 8 years). Loan sizes range from $9K to $600K, with an average loan size of $123K.
Do I need a business valuation for a Century South Bank of Alabama SBA loan?
Yes, Century South Bank of Alabama 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 Century South Bank of Alabama compare to other SBA lenders?
Century South Bank of Alabama has originated 48 SBA loans totaling $5.9M since 1991. 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 Century South Bank of Alabama lend in?
Century South Bank of Alabama provides SBA 7(a) financing with particularly strong presence in AL. 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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