Independent Bank d/b/a Independent Financial
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Independent Bank d/b/a Independent Financial · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 424930 | Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers | 2 | $80K | $40K | 3.2% |
| 333132 | Oil and Gas Field Machinery and Equipment Manufacturing | 2 | $800K | $400K | 3.2% |
| 332911 | Industrial Valve Manufacturing | 1 | $275K | $275K | 1.6% |
| 488991 | Packing and Crating | 1 | $100K | $100K | 1.6% |
| 621210 | Offices of Dentists | 1 | $241K | $241K | 1.6% |
| 332312 | Fabricated Structural Metal Manufacturing | 1 | $250K | $250K | 1.6% |
| 722513 | Limited-Service Restaurants | 1 | $388K | $388K | 1.6% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 1 | $80K | $80K | 1.6% |
| 237130 | Power and Communication Line and Related Structures Construction | 1 | $250K | $250K | 1.6% |
| 423440 | Other Commercial Equipment Merchant Wholesalers | 1 | $200K | $200K | 1.6% |
Geographic Distribution
SBA lending activity for Independent Bank d/b/a Independent Financial by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Colorado (CO) | 32 | $5.8M | 50.8% |
| Texas (TX) | 31 | $5.0M | 49.2% |
Why Choose Independent Bank d/b/a Independent Financial?
Based on SBA 7(a) lending track record from 1994-2016
- ✓Proven Track Record: 63 SBA loans approved, totaling $10.8M in financing
- ✓Industry Expertise: Specialized focus on Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers, Oil and Gas Field Machinery and Equipment Manufacturing, Industrial Valve Manufacturing
- ✓Competitive Terms: Average interest rate of 5.81% with flexible term lengths averaging 79 months
- ✓Loan Range: Loan sizes from $16K to $1.2M, with an average of $172K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in CO, 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 Independent Bank d/b/a Independent Financial SBA lending
What types of businesses does Independent Bank d/b/a Independent Financial typically finance?
Independent Bank d/b/a Independent Financial specializes in SBA 7(a) lending to specific industries including flower, nursery stock, and florists' supplies merchant wholesalers, oil and gas field machinery and equipment manufacturing, industrial valve manufacturing, packing and crating. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Independent Bank d/b/a Independent Financial's typical SBA loan terms?
Independent Bank d/b/a Independent Financial's SBA 7(a) loans typically feature an average interest rate of 5.81% and average term length of 79 months (approximately 7 years). Loan sizes range from $16K to $1.2M, with an average loan size of $172K.
Do I need a business valuation for a Independent Bank d/b/a Independent Financial SBA loan?
Yes, Independent Bank d/b/a Independent Financial 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 Independent Bank d/b/a Independent Financial compare to other SBA lenders?
Independent Bank d/b/a Independent Financial has originated 63 SBA loans totaling $10.8M since 1994. 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 Independent Bank d/b/a Independent Financial lend in?
Independent Bank d/b/a Independent Financial provides SBA 7(a) financing with particularly strong presence in CO, 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.
Get your certified valuation from Fair Market Value.