CommerceOne Bank
SBA 7(a) Lending Profile · FY 2021 analysis
Industry Focus
Top industries served by CommerceOne Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 446110 | Pharmacies and Drug Stores | 16 | $43.0M | $2.7M | 66.7% |
| 444120 | Paint and Wallpaper Stores | 8 | $1.2M | $150K | 33.3% |
Geographic Distribution
SBA lending activity for CommerceOne Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Alabama (AL) | 24 | $44.2M | 100.0% |
Why Choose CommerceOne Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 24 SBA loans approved, totaling $44.2M in financing
- ✓Industry Expertise: Specialized focus on Pharmacies and Drug Stores, Paint and Wallpaper Stores
- ✓Competitive Terms: Average interest rate of 5.83% with flexible term lengths averaging 122 months
- ✓Loan Range: Loan sizes from $150K to $3.7M, with an average of $1.8M
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in AL
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 CommerceOne Bank SBA lending
What types of businesses does CommerceOne Bank typically finance?
CommerceOne Bank specializes in SBA 7(a) lending to specific industries including pharmacies and drug stores, paint and wallpaper stores. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are CommerceOne Bank's typical SBA loan terms?
CommerceOne Bank's SBA 7(a) loans typically feature an average interest rate of 5.83% and average term length of 122 months (approximately 10 years). Loan sizes range from $150K to $3.7M, with an average loan size of $1.8M.
Do I need a business valuation for a CommerceOne Bank SBA loan?
Yes, CommerceOne 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 CommerceOne Bank compare to other SBA lenders?
CommerceOne Bank has originated 24 SBA loans totaling $44.2M 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 CommerceOne Bank lend in?
CommerceOne Bank provides SBA 7(a) financing with particularly strong presence in 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.
Get your certified valuation from Fair Market Value.