Commercefirst Bancorp, Inc.
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Commercefirst Bancorp, Inc. · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 531311 | Residential Property Managers | 1 | $150K | $150K | 100.0% |
Geographic Distribution
SBA lending activity for Commercefirst Bancorp, Inc. by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Maryland (MD) | 1 | $150K | 100.0% |
Why Choose Commercefirst Bancorp, Inc.?
Based on SBA 7(a) lending track record from 2005-2005
- ✓Proven Track Record: 1 SBA loans approved, totaling $150K in financing
- ✓Industry Expertise: Specialized focus on Residential Property Managers
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 97 months
- ✓Loan Range: Loan sizes from $150K to $150K, with an average of $150K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MD
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 Commercefirst Bancorp, Inc. SBA lending
What types of businesses does Commercefirst Bancorp, Inc. typically finance?
Commercefirst Bancorp, Inc. specializes in SBA 7(a) lending to specific industries including residential property managers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Commercefirst Bancorp, Inc.'s typical SBA loan terms?
Commercefirst Bancorp, Inc.'s SBA 7(a) loans typically feature an average interest rate of — and average term length of 97 months (approximately 8 years). Loan sizes range from $150K to $150K, with an average loan size of $150K.
Do I need a business valuation for a Commercefirst Bancorp, Inc. SBA loan?
Yes, Commercefirst Bancorp, 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 Commercefirst Bancorp, Inc. compare to other SBA lenders?
Commercefirst Bancorp, Inc. has originated 1 SBA loans totaling $150K since 2005. 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 Commercefirst Bancorp, Inc. lend in?
Commercefirst Bancorp, Inc. provides SBA 7(a) financing with particularly strong presence in MD. 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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