Freedom Small Business Lending BIDCO, Inc.
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Freedom Small Business Lending BIDCO, Inc. · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 721110 | Hotels (except Casino Hotels) and Motels | 3 | $8.1M | $2.7M | 60.0% |
| 339950 | Sign Manufacturing | 1 | $122K | $122K | 20.0% |
| 713940 | Fitness and Recreational Sports Centers | 1 | $435K | $435K | 20.0% |
Geographic Distribution
SBA lending activity for Freedom Small Business Lending BIDCO, Inc. by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Pennsylvania (PA) | 1 | $3.7M | 20.0% |
| Colorado (CO) | 2 | $2.5M | 40.0% |
| New Mexico (NM) | 1 | $2.0M | 20.0% |
| Illinois (IL) | 1 | $435K | 20.0% |
Why Choose Freedom Small Business Lending BIDCO, Inc.?
Based on SBA 7(a) lending track record from 2016-2017
- ✓Proven Track Record: 5 SBA loans approved, totaling $8.7M in financing
- ✓Industry Expertise: Specialized focus on Hotels (except Casino Hotels) and Motels, Sign Manufacturing, Fitness and Recreational Sports Centers
- ✓Competitive Terms: Average interest rate of 5.70% with flexible term lengths averaging 229 months
- ✓Loan Range: Loan sizes from $122K to $3.7M, with an average of $1.7M
- ✓Nationwide Reach: Active lending in 4 states, with strong presence in CO, PA, 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 Freedom Small Business Lending BIDCO, Inc. SBA lending
What types of businesses does Freedom Small Business Lending BIDCO, Inc. typically finance?
Freedom Small Business Lending BIDCO, Inc. specializes in SBA 7(a) lending to specific industries including hotels (except casino hotels) and motels, sign manufacturing, fitness and recreational sports centers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Freedom Small Business Lending BIDCO, Inc.'s typical SBA loan terms?
Freedom Small Business Lending BIDCO, Inc.'s SBA 7(a) loans typically feature an average interest rate of 5.70% and average term length of 229 months (approximately 19 years). Loan sizes range from $122K to $3.7M, with an average loan size of $1.7M.
Do I need a business valuation for a Freedom Small Business Lending BIDCO, Inc. SBA loan?
Yes, Freedom Small Business Lending BIDCO, Inc. 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 Freedom Small Business Lending BIDCO, Inc. compare to other SBA lenders?
Freedom Small Business Lending BIDCO, Inc. has originated 5 SBA loans totaling $8.7M since 2016. 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 Freedom Small Business Lending BIDCO, Inc. lend in?
Freedom Small Business Lending BIDCO, Inc. provides SBA 7(a) financing with particularly strong presence in CO, PA, IL, NM. 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?
Certified valuations are often required for SBA loans over $250,000.
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