CoreFirst Bank & Trust
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by CoreFirst Bank & Trust · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541810 | Advertising Agencies | 3 | $209K | $70K | 2.5% |
| 812910 | Pet Care (except Veterinary) Services | 3 | $792K | $264K | 2.5% |
| 423120 | Motor Vehicle Supplies and New Parts Merchant Wholesalers | 2 | $305K | $153K | 1.6% |
| 335314 | Relay and Industrial Control Manufacturing | 2 | $600K | $300K | 1.6% |
| 621340 | Offices of Physical, Occupational and Speech Therapists, and Audiologists | 2 | $149K | $74K | 1.6% |
| 238160 | Roofing Contractors | 2 | $300K | $150K | 1.6% |
| 722320 | Caterers | 2 | $251K | $125K | 1.6% |
| 722511 | Full-Service Restaurants | 2 | $460K | $230K | 1.6% |
| 238990 | All Other Specialty Trade Contractors | 2 | $668K | $334K | 1.6% |
| 621310 | Offices of Chiropractors | 2 | $179K | $90K | 1.6% |
Geographic Distribution
SBA lending activity for CoreFirst Bank & Trust by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Kansas (KS) | 115 | $15.8M | 94.3% |
| Missouri (MO) | 4 | $1.2M | 3.3% |
| Colorado (CO) | 2 | $600K | 1.6% |
| Wisconsin (WI) | 1 | $40K | 0.8% |
Why Choose CoreFirst Bank & Trust?
Based on SBA 7(a) lending track record from 1991-2020
- ✓Proven Track Record: 122 SBA loans approved, totaling $17.6M in financing
- ✓Industry Expertise: Specialized focus on Advertising Agencies, Pet Care (except Veterinary) Services, Motor Vehicle Supplies and New Parts Merchant Wholesalers
- ✓Competitive Terms: Average interest rate of 6.43% with flexible term lengths averaging 75 months
- ✓Loan Range: Loan sizes from $7K to $647K, with an average of $145K
- ✓Nationwide Reach: Active lending in 4 states, with strong presence in KS, MO, CO
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 CoreFirst Bank & Trust SBA lending
What types of businesses does CoreFirst Bank & Trust typically finance?
CoreFirst Bank & Trust specializes in SBA 7(a) lending to specific industries including advertising agencies, pet care (except veterinary) services, motor vehicle supplies and new parts merchant wholesalers, relay and industrial control manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are CoreFirst Bank & Trust's typical SBA loan terms?
CoreFirst Bank & Trust's SBA 7(a) loans typically feature an average interest rate of 6.43% and average term length of 75 months (approximately 6 years). Loan sizes range from $7K to $647K, with an average loan size of $145K.
Do I need a business valuation for a CoreFirst Bank & Trust SBA loan?
Yes, CoreFirst Bank & Trust 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 CoreFirst Bank & Trust compare to other SBA lenders?
CoreFirst Bank & Trust has originated 122 SBA loans totaling $17.6M since 1991. 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 CoreFirst Bank & Trust lend in?
CoreFirst Bank & Trust provides SBA 7(a) financing with particularly strong presence in KS, MO, CO, WI. 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?
Certified valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.