Home Security Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Home Security Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 812310 | Coin-Operated Laundries and Drycleaners | 1 | $15K | $15K | 2.6% |
| 621210 | Offices of Dentists | 1 | $175K | $175K | 2.6% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 1 | $75K | $75K | 2.6% |
| 312130 | Wineries | 1 | $97K | $97K | 2.6% |
| 111140 | Wheat Farming | 1 | $100K | $100K | 2.6% |
| 561510 | Travel Agencies | 1 | $25K | $25K | 2.6% |
| 811111 | General Automotive Repair | 1 | $201K | $201K | 2.6% |
Geographic Distribution
SBA lending activity for Home Security Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Washington (WA) | 39 | $5.6M | 100.0% |
Why Choose Home Security Bank?
Based on SBA 7(a) lending track record from 1992-2003
- ✓Proven Track Record: 39 SBA loans approved, totaling $5.6M in financing
- ✓Industry Expertise: Specialized focus on Coin-Operated Laundries and Drycleaners, Offices of Dentists, Drycleaning and Laundry Services (except Coin-Operated)
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 131 months
- ✓Loan Range: Loan sizes from $15K to $700K, with an average of $143K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in WA
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 Home Security Bank SBA lending
What types of businesses does Home Security Bank typically finance?
Home Security Bank specializes in SBA 7(a) lending to specific industries including coin-operated laundries and drycleaners, offices of dentists, drycleaning and laundry services (except coin-operated), wineries. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Home Security Bank's typical SBA loan terms?
Home Security Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 131 months (approximately 11 years). Loan sizes range from $15K to $700K, with an average loan size of $143K.
Do I need a business valuation for a Home Security Bank SBA loan?
Yes, Home Security 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 Home Security Bank compare to other SBA lenders?
Home Security Bank has originated 39 SBA loans totaling $5.6M since 1992. 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 Home Security Bank lend in?
Home Security Bank provides SBA 7(a) financing with particularly strong presence in WA. 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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