Five Points Bank of Hastings
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Five Points Bank of Hastings · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722410 | Drinking Places (Alcoholic Beverages) | 1 | $108K | $108K | 25.0% |
| 713910 | Golf Courses and Country Clubs | 1 | $595K | $595K | 25.0% |
Geographic Distribution
SBA lending activity for Five Points Bank of Hastings by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Nebraska (NE) | 4 | $808K | 100.0% |
Why Choose Five Points Bank of Hastings?
Based on SBA 7(a) lending track record from 2003-2007
- ✓Proven Track Record: 4 SBA loans approved, totaling $808K in financing
- ✓Industry Expertise: Specialized focus on Drinking Places (Alcoholic Beverages), Golf Courses and Country Clubs
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 109 months
- ✓Loan Range: Loan sizes from $50K to $595K, with an average of $202K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in NE
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 Five Points Bank of Hastings SBA lending
What types of businesses does Five Points Bank of Hastings typically finance?
Five Points Bank of Hastings specializes in SBA 7(a) lending to specific industries including drinking places (alcoholic beverages), golf courses and country clubs. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Five Points Bank of Hastings's typical SBA loan terms?
Five Points Bank of Hastings's SBA 7(a) loans typically feature an average interest rate of — and average term length of 109 months (approximately 9 years). Loan sizes range from $50K to $595K, with an average loan size of $202K.
Do I need a business valuation for a Five Points Bank of Hastings SBA loan?
Yes, Five Points Bank of Hastings 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 Five Points Bank of Hastings compare to other SBA lenders?
Five Points Bank of Hastings has originated 4 SBA loans totaling $808K since 2003. 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 Five Points Bank of Hastings lend in?
Five Points Bank of Hastings provides SBA 7(a) financing with particularly strong presence in NE. 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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