Climate First Bank
SBA 7(a) Lending Profile · FY 2025 analysis
Industry Focus
Top industries served by Climate First Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 713990 | All Other Amusement and Recreation Industries | 88 | $139.2M | $1.6M | 7.0% |
| 713940 | Fitness and Recreational Sports Centers | 88 | $63.6M | $722K | 7.0% |
| 812199 | Other Personal Care Services | 72 | $56.4M | $784K | 5.7% |
| 722513 | Limited-Service Restaurants | 72 | $44.0M | $612K | 5.7% |
| 722511 | Full-Service Restaurants | 48 | $36.8M | $766K | 3.8% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 40 | $33.3M | $832K | 3.2% |
| 561720 | Janitorial Services | 40 | $46.7M | $1.2M | 3.2% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 40 | $45.2M | $1.1M | 3.2% |
| 238210 | Electrical Contractors | 32 | $60.6M | $1.9M | 2.5% |
| 721110 | Hotels (except Casino Hotels) and Motels | 32 | $56.9M | $1.8M | 2.5% |
Geographic Distribution
SBA lending activity for Climate First Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Florida (FL) | 512 | $569.8M | 40.8% |
| Texas (TX) | 128 | $186.1M | 10.2% |
| Alabama (AL) | 48 | $135.4M | 3.8% |
| North Carolina (NC) | 56 | $76.3M | 4.5% |
| Iowa (IA) | 40 | $61.6M | 3.2% |
| New York (NY) | 24 | $51.2M | 1.9% |
| Washington (WA) | 48 | $42.4M | 3.8% |
| California (CA) | 64 | $42.4M | 5.1% |
| South Carolina (SC) | 16 | $38.1M | 1.3% |
| Pennsylvania (PA) | 40 | $29.1M | 3.2% |
| Indiana (IN) | 16 | $25.3M | 1.3% |
| New Jersey (NJ) | 16 | $25.0M | 1.3% |
| Georgia (GA) | 40 | $22.3M | 3.2% |
| Michigan (MI) | 16 | $19.4M | 1.3% |
| Nebraska (NE) | 24 | $17.3M | 1.9% |
| Utah (UT) | 24 | $13.4M | 1.9% |
| Oklahoma (OK) | 8 | $11.6M | 0.6% |
| Arizona (AZ) | 24 | $11.2M | 1.9% |
| Nevada (NV) | 16 | $9.8M | 1.3% |
| Wyoming (WY) | 16 | $6.5M | 1.3% |
| Colorado (CO) | 16 | $5.7M | 1.3% |
| Connecticut (CT) | 8 | $5.5M | 0.6% |
| Idaho (ID) | 8 | $5.4M | 0.6% |
| South Dakota (SD) | 8 | $5.2M | 0.6% |
| Ohio (OH) | 8 | $4.2M | 0.6% |
| District of Columbia (DC) | 8 | $4.0M | 0.6% |
| Missouri (MO) | 8 | $4.0M | 0.6% |
| Oregon (OR) | 8 | $3.6M | 0.6% |
| Wisconsin (WI) | 8 | $2.1M | 0.6% |
Why Choose Climate First Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 1,256 SBA loans approved, totaling $1.43B in financing
- ✓Industry Expertise: Specialized focus on All Other Amusement and Recreation Industries, Fitness and Recreational Sports Centers, Other Personal Care Services
- ✓Competitive Terms: Average interest rate of 10.00% with flexible term lengths averaging 139 months
- ✓Loan Range: Loan sizes from $50K to $5.0M, with an average of $1.1M
- ✓Nationwide Reach: Active lending in 29 states, with strong presence in FL, TX, CA
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 Climate First Bank SBA lending
What types of businesses does Climate First Bank typically finance?
Climate First Bank specializes in SBA 7(a) lending to specific industries including all other amusement and recreation industries, fitness and recreational sports centers, other personal care services, limited-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Climate First Bank's typical SBA loan terms?
Climate First Bank's SBA 7(a) loans typically feature an average interest rate of 10.00% and average term length of 139 months (approximately 12 years). Loan sizes range from $50K to $5.0M, with an average loan size of $1.1M.
Do I need a business valuation for a Climate First Bank SBA loan?
Yes, Climate First 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 Climate First Bank compare to other SBA lenders?
Climate First Bank has originated 1,256 SBA loans totaling $1.43B 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 Climate First Bank lend in?
Climate First Bank provides SBA 7(a) financing with particularly strong presence in FL, TX, CA, NC, 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.
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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