Farm Credit Service
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Farm Credit Service · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 112210 | Hog and Pig Farming | 1 | $318K | $318K | 100.0% |
Geographic Distribution
SBA lending activity for Farm Credit Service by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Illinois (IL) | 1 | $318K | 100.0% |
Why Choose Farm Credit Service?
Based on SBA 7(a) lending track record from 1996-1996
- ✓Proven Track Record: 1 SBA loans approved, totaling $318K in financing
- ✓Industry Expertise: Specialized focus on Hog and Pig Farming
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 126 months
- ✓Loan Range: Loan sizes from $318K to $318K, with an average of $318K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in IL
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 Farm Credit Service SBA lending
What types of businesses does Farm Credit Service typically finance?
Farm Credit Service specializes in SBA 7(a) lending to specific industries including hog and pig farming. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Farm Credit Service's typical SBA loan terms?
Farm Credit Service's SBA 7(a) loans typically feature an average interest rate of — and average term length of 126 months (approximately 11 years). Loan sizes range from $318K to $318K, with an average loan size of $318K.
Do I need a business valuation for a Farm Credit Service SBA loan?
Yes, Farm Credit Service 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 Farm Credit Service compare to other SBA lenders?
Farm Credit Service has originated 1 SBA loans totaling $318K since 1996. 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 Farm Credit Service lend in?
Farm Credit Service provides SBA 7(a) financing with particularly strong presence in IL. 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.
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