Ciera Bank
SBA 7(a) Lending Profile · FY 2024 analysis
Industry Focus
Top industries served by Ciera Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 16 | $30.7M | $1.9M | 33.3% |
| 562219 | Other Nonhazardous Waste Treatment and Disposal | 8 | $756K | $95K | 16.7% |
| 561710 | Exterminating and Pest Control Services | 8 | $1.5M | $189K | 16.7% |
| 713990 | All Other Amusement and Recreation Industries | 8 | $39.7M | $5.0M | 16.7% |
| 459310 | Other | 8 | $2.6M | $325K | 16.7% |
Geographic Distribution
SBA lending activity for Ciera Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 48 | $75.3M | 100.0% |
Why Choose Ciera Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 48 SBA loans approved, totaling $75.3M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Other Nonhazardous Waste Treatment and Disposal, Exterminating and Pest Control Services
- ✓Competitive Terms: Average interest rate of 5.83% with flexible term lengths averaging 220 months
- ✓Loan Range: Loan sizes from $95K to $5.0M, with an average of $1.6M
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in TX
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 Ciera Bank SBA lending
What types of businesses does Ciera Bank typically finance?
Ciera Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, other nonhazardous waste treatment and disposal, exterminating and pest control services, all other amusement and recreation industries. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Ciera Bank's typical SBA loan terms?
Ciera Bank's SBA 7(a) loans typically feature an average interest rate of 5.83% and average term length of 220 months (approximately 18 years). Loan sizes range from $95K to $5.0M, with an average loan size of $1.6M.
Do I need a business valuation for a Ciera Bank SBA loan?
Yes, Ciera 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 Ciera Bank compare to other SBA lenders?
Ciera Bank has originated 48 SBA loans totaling $75.3M 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 Ciera Bank lend in?
Ciera Bank provides SBA 7(a) financing with particularly strong presence in TX. 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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