Colonial Savings FA
SBA 7(a) Lending Profile · FY 2024 analysis
Industry Focus
Top industries served by Colonial Savings FA
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 332999 | All Other Miscellaneous Fabricated Metal Product Manufacturing | 16 | $2.7M | $171K | 18.2% |
| 441330 | Other | 16 | $4.0M | $250K | 18.2% |
| 621210 | Offices of Dentists | 16 | $5.6M | $350K | 18.2% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 8 | $2.0M | $250K | 9.1% |
| 812111 | Barber Shops | 8 | $1.2M | $150K | 9.1% |
| 484110 | General Freight Trucking, Local | 8 | $4.0M | $500K | 9.1% |
| 456110 | Other | 8 | $7.8M | $969K | 9.1% |
| 444190 | Other Building Material Dealers | 8 | $13.0M | $1.6M | 9.1% |
Geographic Distribution
SBA lending activity for Colonial Savings FA by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 88 | $40.2M | 100.0% |
Why Choose Colonial Savings FA?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 88 SBA loans approved, totaling $40.2M in financing
- ✓Industry Expertise: Specialized focus on All Other Miscellaneous Fabricated Metal Product Manufacturing, Other, Offices of Dentists
- ✓Competitive Terms: Average interest rate of 7.75% with flexible term lengths averaging 122 months
- ✓Loan Range: Loan sizes from $75K to $1.6M, with an average of $457K
- ✓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 Colonial Savings FA SBA lending
What types of businesses does Colonial Savings FA typically finance?
Colonial Savings FA specializes in SBA 7(a) lending to specific industries including all other miscellaneous fabricated metal product manufacturing, other, offices of dentists, offices of physicians (except mental health specialists). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Colonial Savings FA's typical SBA loan terms?
Colonial Savings FA's SBA 7(a) loans typically feature an average interest rate of 7.75% and average term length of 122 months (approximately 10 years). Loan sizes range from $75K to $1.6M, with an average loan size of $457K.
Do I need a business valuation for a Colonial Savings FA SBA loan?
Yes, Colonial Savings FA 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 Colonial Savings FA compare to other SBA lenders?
Colonial Savings FA has originated 88 SBA loans totaling $40.2M 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 Colonial Savings FA lend in?
Colonial Savings FA 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
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