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Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC)

SBA 7(a) Lending Profile · All Time analysis

Loans: 23Volume: $2.8MAvg Loan: $121KAvg Rate: 7.95%Avg Term: 143 monthsJobs: 115

Industry Focus

Top industries served by Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) · All Time

Geographic Distribution

SBA lending activity for Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) by state

StateLoansVolumeShare
PR (PR)23$2.8M100.0%
Loan Volume
$2.8M
$2.8M

Why Choose Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC)?

Based on SBA 7(a) lending track record from 2019-2025

  • Proven Track Record: 23 SBA loans approved, totaling $2.8M in financing
  • Industry Expertise: Specialized focus on Full-Service Restaurants, Used Car Dealers, Offices of Real Estate Agents and Brokers
  • Competitive Terms: Average interest rate of 7.95% with flexible term lengths averaging 143 months
  • Loan Range: Loan sizes from $36K to $170K, with an average of $121K
  • Nationwide Reach: Active lending in 1 states, with strong presence in PR

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 Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) SBA lending

What types of businesses does Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) typically finance?

Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) specializes in SBA 7(a) lending to specific industries including full-service restaurants, used car dealers, offices of real estate agents and brokers, limited-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.

What are Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC)'s typical SBA loan terms?

Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC)'s SBA 7(a) loans typically feature an average interest rate of 7.95% and average term length of 143 months (approximately 12 years). Loan sizes range from $36K to $170K, with an average loan size of $121K.

Do I need a business valuation for a Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) SBA loan?

Yes, Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) 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 Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) compare to other SBA lenders?

Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) has originated 23 SBA loans totaling $2.8M since 2019. 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 Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) lend in?

Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) provides SBA 7(a) financing with particularly strong presence in PR. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.

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