Heritage National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Heritage National Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 561730 | Landscaping Services | 1 | $17K | $17K | 9.1% |
| 812112 | Beauty Salons | 1 | $60K | $60K | 9.1% |
| 311811 | Retail Bakeries | 1 | $50K | $50K | 9.1% |
| 512240 | Sound Recording Studios | 1 | $14K | $14K | 9.1% |
Geographic Distribution
SBA lending activity for Heritage National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 11 | $571K | 100.0% |
Why Choose Heritage National Bank?
Based on SBA 7(a) lending track record from 1999-2004
- ✓Proven Track Record: 11 SBA loans approved, totaling $571K in financing
- ✓Industry Expertise: Specialized focus on Landscaping Services, Beauty Salons, Retail Bakeries
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 62 months
- ✓Loan Range: Loan sizes from $10K to $129K, with an average of $52K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in TX
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 Heritage National Bank SBA lending
What types of businesses does Heritage National Bank typically finance?
Heritage National Bank specializes in SBA 7(a) lending to specific industries including landscaping services, beauty salons, retail bakeries, sound recording studios. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Heritage National Bank's typical SBA loan terms?
Heritage National Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 62 months (approximately 5 years). Loan sizes range from $10K to $129K, with an average loan size of $52K.
Do I need a business valuation for a Heritage National Bank SBA loan?
Yes, Heritage National Bank 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 Heritage National Bank compare to other SBA lenders?
Heritage National Bank has originated 11 SBA loans totaling $571K since 1999. 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 Heritage National Bank lend in?
Heritage National Bank provides SBA 7(a) financing with particularly strong presence in TX. 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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