CitiCapital Small Business Finance, Inc.
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by CitiCapital Small Business Finance, Inc. · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811111 | General Automotive Repair | 16 | $3.9M | $247K | 2.4% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 10 | $3.6M | $359K | 1.5% |
| 624410 | Child Care Services | 9 | $3.0M | $334K | 1.3% |
| 541940 | Veterinary Services | 8 | $3.3M | $410K | 1.2% |
| 812310 | Coin-Operated Laundries and Drycleaners | 6 | $1.1M | $181K | 0.9% |
| 621210 | Offices of Dentists | 5 | $1.8M | $370K | 0.7% |
| 722410 | Drinking Places (Alcoholic Beverages) | 5 | $2.3M | $459K | 0.7% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 4 | $1.7M | $431K | 0.6% |
| 541511 | Custom Computer Programming Services | 3 | $303K | $101K | 0.4% |
| 721110 | Hotels (except Casino Hotels) and Motels | 3 | $3.4M | $1.1M | 0.4% |
Geographic Distribution
SBA lending activity for CitiCapital Small Business Finance, Inc. by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 286 | $119.9M | 42.6% |
| Texas (TX) | 123 | $42.2M | 18.3% |
| Florida (FL) | 34 | $7.0M | 5.1% |
| Colorado (CO) | 13 | $2.8M | 1.9% |
| Oklahoma (OK) | 12 | $2.5M | 1.8% |
| New York (NY) | 11 | $2.1M | 1.6% |
| Illinois (IL) | 8 | $2.1M | 1.2% |
| Georgia (GA) | 8 | $2.0M | 1.2% |
| Michigan (MI) | 12 | $1.8M | 1.8% |
| Arkansas (AR) | 9 | $1.8M | 1.3% |
| Indiana (IN) | 4 | $1.4M | 0.6% |
| Virginia (VA) | 5 | $1.4M | 0.7% |
| Maryland (MD) | 4 | $1.3M | 0.6% |
| Arizona (AZ) | 8 | $1.3M | 1.2% |
| North Carolina (NC) | 9 | $1.1M | 1.3% |
| Missouri (MO) | 11 | $923K | 1.6% |
| Iowa (IA) | 6 | $878K | 0.9% |
| Massachusetts (MA) | 8 | $878K | 1.2% |
| Alabama (AL) | 10 | $835K | 1.5% |
| Wisconsin (WI) | 13 | $739K | 1.9% |
| New Mexico (NM) | 3 | $708K | 0.4% |
| Louisiana (LA) | 9 | $570K | 1.3% |
| Kansas (KS) | 3 | $558K | 0.4% |
| South Carolina (SC) | 4 | $492K | 0.6% |
| Connecticut (CT) | 3 | $460K | 0.4% |
| Nevada (NV) | 5 | $445K | 0.7% |
| Ohio (OH) | 3 | $433K | 0.4% |
| New Hampshire (NH) | 1 | $426K | 0.1% |
| Pennsylvania (PA) | 7 | $422K | 1.0% |
| Rhode Island (RI) | 2 | $384K | 0.3% |
| Washington (WA) | 3 | $361K | 0.4% |
| West Virginia (WV) | 4 | $315K | 0.6% |
| Utah (UT) | 5 | $281K | 0.7% |
| New Jersey (NJ) | 5 | $277K | 0.7% |
| Oregon (OR) | 4 | $271K | 0.6% |
| Minnesota (MN) | 3 | $210K | 0.4% |
| Mississippi (MS) | 3 | $202K | 0.4% |
| Tennessee (TN) | 4 | $202K | 0.6% |
| Montana (MT) | 2 | $137K | 0.3% |
| Nebraska (NE) | 2 | $115K | 0.3% |
| Kentucky (KY) | 2 | $97K | 0.3% |
Why Choose CitiCapital Small Business Finance, Inc.?
Based on SBA 7(a) lending track record from 1991-2002
- ✓Proven Track Record: 671 SBA loans approved, totaling $202.3M in financing
- ✓Industry Expertise: Specialized focus on General Automotive Repair, Drycleaning and Laundry Services (except Coin-Operated), Child Care Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 154 months
- ✓Loan Range: Loan sizes from $15K to $1.9M, with an average of $301K
- ✓Nationwide Reach: Active lending in 41 states, with strong presence in CA, TX, FL
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 CitiCapital Small Business Finance, Inc. SBA lending
What types of businesses does CitiCapital Small Business Finance, Inc. typically finance?
CitiCapital Small Business Finance, Inc. specializes in SBA 7(a) lending to specific industries including general automotive repair, drycleaning and laundry services (except coin-operated), child care services, veterinary services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are CitiCapital Small Business Finance, Inc.'s typical SBA loan terms?
CitiCapital Small Business Finance, Inc.'s SBA 7(a) loans typically feature an average interest rate of — and average term length of 154 months (approximately 13 years). Loan sizes range from $15K to $1.9M, with an average loan size of $301K.
Do I need a business valuation for a CitiCapital Small Business Finance, Inc. SBA loan?
Yes, CitiCapital Small Business Finance, 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 CitiCapital Small Business Finance, Inc. compare to other SBA lenders?
CitiCapital Small Business Finance, Inc. has originated 671 SBA loans totaling $202.3M 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 CitiCapital Small Business Finance, Inc. lend in?
CitiCapital Small Business Finance, Inc. provides SBA 7(a) financing with particularly strong presence in CA, TX, FL, WI, CO. 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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