INSOUTH Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by INSOUTH Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 624410 | Child Care Services | 6 | $2.0M | $328K | 3.9% |
| 327320 | Ready-Mix Concrete Manufacturing | 3 | $1.7M | $573K | 2.0% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 3 | $2.4M | $789K | 2.0% |
| 541430 | Graphic Design Services | 2 | $400K | $200K | 1.3% |
| 541110 | Offices of Lawyers | 2 | $240K | $120K | 1.3% |
| 621511 | Medical Laboratories | 2 | $850K | $425K | 1.3% |
| 812112 | Beauty Salons | 2 | $375K | $188K | 1.3% |
| 561730 | Landscaping Services | 2 | $715K | $357K | 1.3% |
| 441120 | Used Car Dealers | 2 | $817K | $409K | 1.3% |
| 811111 | General Automotive Repair | 2 | $640K | $320K | 1.3% |
Geographic Distribution
SBA lending activity for INSOUTH Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Tennessee (TN) | 140 | $48.2M | 91.5% |
| Alabama (AL) | 5 | $3.3M | 3.3% |
| Florida (FL) | 5 | $2.7M | 3.3% |
| Kentucky (KY) | 1 | $576K | 0.7% |
| Mississippi (MS) | 2 | $300K | 1.3% |
Why Choose INSOUTH Bank?
Based on SBA 7(a) lending track record from 1991-2012
- ✓Proven Track Record: 153 SBA loans approved, totaling $55.1M in financing
- ✓Industry Expertise: Specialized focus on Child Care Services, Ready-Mix Concrete Manufacturing, Offices of Physicians (except Mental Health Specialists)
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 149 months
- ✓Loan Range: Loan sizes from $20K to $2.2M, with an average of $360K
- ✓Nationwide Reach: Active lending in 5 states, with strong presence in TN, AL, FL
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 INSOUTH Bank SBA lending
What types of businesses does INSOUTH Bank typically finance?
INSOUTH Bank specializes in SBA 7(a) lending to specific industries including child care services, ready-mix concrete manufacturing, offices of physicians (except mental health specialists), graphic design services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are INSOUTH Bank's typical SBA loan terms?
INSOUTH Bank's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 149 months (approximately 12 years). Loan sizes range from $20K to $2.2M, with an average loan size of $360K.
Do I need a business valuation for a INSOUTH Bank SBA loan?
Yes, INSOUTH 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 INSOUTH Bank compare to other SBA lenders?
INSOUTH Bank has originated 153 SBA loans totaling $55.1M since 1991. 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 INSOUTH Bank lend in?
INSOUTH Bank provides SBA 7(a) financing with particularly strong presence in TN, AL, FL, MS, KY. 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.