City Financial Corporation
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by City Financial Corporation · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 532111 | Passenger Car Rental | 1 | $150K | $150K | 33.3% |
Geographic Distribution
SBA lending activity for City Financial Corporation by state
| State | Loans | Volume | Share |
|---|---|---|---|
| West Virginia (WV) | 3 | $376K | 100.0% |
Why Choose City Financial Corporation?
Based on SBA 7(a) lending track record from 1998-2000
- ✓Proven Track Record: 3 SBA loans approved, totaling $376K in financing
- ✓Industry Expertise: Specialized focus on Passenger Car Rental
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 111 months
- ✓Loan Range: Loan sizes from $91K to $150K, with an average of $125K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in WV
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 City Financial Corporation SBA lending
What types of businesses does City Financial Corporation typically finance?
City Financial Corporation specializes in SBA 7(a) lending to specific industries including passenger car rental. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are City Financial Corporation's typical SBA loan terms?
City Financial Corporation's SBA 7(a) loans typically feature an average interest rate of — and average term length of 111 months (approximately 9 years). Loan sizes range from $91K to $150K, with an average loan size of $125K.
Do I need a business valuation for a City Financial Corporation SBA loan?
Yes, City Financial Corporation 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 City Financial Corporation compare to other SBA lenders?
City Financial Corporation has originated 3 SBA loans totaling $376K since 1998. 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 City Financial Corporation lend in?
City Financial Corporation provides SBA 7(a) financing with particularly strong presence in WV. 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.
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