Farm Credit Services of Mid-America ACA
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Farm Credit Services of Mid-America ACA · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 321912 | Cut Stock, Resawing Lumber, and Planing | 3 | $1.8M | $585K | 75.0% |
| 112320 | Broilers and Other Meat Type Chicken Production | 1 | $3.1M | $3.1M | 25.0% |
Geographic Distribution
SBA lending activity for Farm Credit Services of Mid-America ACA by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Tennessee (TN) | 4 | $4.9M | 100.0% |
Why Choose Farm Credit Services of Mid-America ACA?
Based on SBA 7(a) lending track record from 2001-2011
- ✓Proven Track Record: 4 SBA loans approved, totaling $4.9M in financing
- ✓Industry Expertise: Specialized focus on Cut Stock, Resawing Lumber, and Planing, Broilers and Other Meat Type Chicken Production
- ✓Competitive Terms: Average interest rate of 8.00% with flexible term lengths averaging 96 months
- ✓Loan Range: Loan sizes from $350K to $3.1M, with an average of $1.2M
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in TN
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 Services of Mid-America ACA SBA lending
What types of businesses does Farm Credit Services of Mid-America ACA typically finance?
Farm Credit Services of Mid-America ACA specializes in SBA 7(a) lending to specific industries including cut stock, resawing lumber, and planing, broilers and other meat type chicken production. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Farm Credit Services of Mid-America ACA's typical SBA loan terms?
Farm Credit Services of Mid-America ACA's SBA 7(a) loans typically feature an average interest rate of 8.00% and average term length of 96 months (approximately 8 years). Loan sizes range from $350K to $3.1M, with an average loan size of $1.2M.
Do I need a business valuation for a Farm Credit Services of Mid-America ACA SBA loan?
Yes, Farm Credit Services of Mid-America ACA 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 Services of Mid-America ACA compare to other SBA lenders?
Farm Credit Services of Mid-America ACA has originated 4 SBA loans totaling $4.9M since 2001. 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 Services of Mid-America ACA lend in?
Farm Credit Services of Mid-America ACA provides SBA 7(a) financing with particularly strong presence in TN. 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.
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