Craft3
SBA 7(a) Lending Profile · FY 2021 analysis
Industry Focus
Top industries served by Craft3
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 315990 | Apparel Accessories and Other Apparel Manufacturing | 8 | $2.0M | $250K | 50.0% |
| 624110 | Child and Youth Services | 8 | $1.2M | $150K | 50.0% |
Geographic Distribution
SBA lending activity for Craft3 by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oregon (OR) | 8 | $2.0M | 50.0% |
| Washington (WA) | 8 | $1.2M | 50.0% |
Why Choose Craft3?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 16 SBA loans approved, totaling $3.2M in financing
- ✓Industry Expertise: Specialized focus on Apparel Accessories and Other Apparel Manufacturing, Child and Youth Services
- ✓Competitive Terms: Average interest rate of 9.63% with flexible term lengths averaging 60 months
- ✓Loan Range: Loan sizes from $150K to $250K, with an average of $200K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in OR, WA
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 Craft3 SBA lending
What types of businesses does Craft3 typically finance?
Craft3 specializes in SBA 7(a) lending to specific industries including apparel accessories and other apparel manufacturing, child and youth services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Craft3's typical SBA loan terms?
Craft3's SBA 7(a) loans typically feature an average interest rate of 9.63% and average term length of 60 months (approximately 5 years). Loan sizes range from $150K to $250K, with an average loan size of $200K.
Do I need a business valuation for a Craft3 SBA loan?
Yes, Craft3 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 Craft3 compare to other SBA lenders?
Craft3 has originated 16 SBA loans totaling $3.2M 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 Craft3 lend in?
Craft3 provides SBA 7(a) financing with particularly strong presence in OR, WA. 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.
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