Community Reinvestment Fund, Inc.
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Community Reinvestment Fund, Inc. · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541511 | Custom Computer Programming Services | 1 | $250K | $250K | 33.3% |
| 541219 | Other Accounting Services | 1 | $250K | $250K | 33.3% |
Geographic Distribution
SBA lending activity for Community Reinvestment Fund, Inc. by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New York (NY) | 2 | $400K | 66.7% |
| New Jersey (NJ) | 1 | $250K | 33.3% |
Why Choose Community Reinvestment Fund, Inc.?
Based on SBA 7(a) lending track record from 2016-2017
- ✓Proven Track Record: 3 SBA loans approved, totaling $650K in financing
- ✓Industry Expertise: Specialized focus on Custom Computer Programming Services, Other Accounting Services
- ✓Competitive Terms: Average interest rate of 6.25% with flexible term lengths averaging 109 months
- ✓Loan Range: Loan sizes from $150K to $250K, with an average of $217K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in NY, NJ
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 Community Reinvestment Fund, Inc. SBA lending
What types of businesses does Community Reinvestment Fund, Inc. typically finance?
Community Reinvestment Fund, Inc. specializes in SBA 7(a) lending to specific industries including custom computer programming services, other accounting services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Community Reinvestment Fund, Inc.'s typical SBA loan terms?
Community Reinvestment Fund, Inc.'s SBA 7(a) loans typically feature an average interest rate of 6.25% and average term length of 109 months (approximately 9 years). Loan sizes range from $150K to $250K, with an average loan size of $217K.
Do I need a business valuation for a Community Reinvestment Fund, Inc. SBA loan?
Yes, Community Reinvestment Fund, 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 Community Reinvestment Fund, Inc. compare to other SBA lenders?
Community Reinvestment Fund, Inc. has originated 3 SBA loans totaling $650K since 2016. 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 Community Reinvestment Fund, Inc. lend in?
Community Reinvestment Fund, Inc. provides SBA 7(a) financing with particularly strong presence in NY, NJ. 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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