National City Mortgage Services Co
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by National City Mortgage Services Co · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 524298 | All Other Insurance Related Activities | 1 | $350K | $350K | 100.0% |
Geographic Distribution
SBA lending activity for National City Mortgage Services Co by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Michigan (MI) | 1 | $350K | 100.0% |
Why Choose National City Mortgage Services Co?
Based on SBA 7(a) lending track record from 2007-2007
- ✓Proven Track Record: 1 SBA loans approved, totaling $350K in financing
- ✓Industry Expertise: Specialized focus on All Other Insurance Related Activities
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 93 months
- ✓Loan Range: Loan sizes from $350K to $350K, with an average of $350K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MI
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 National City Mortgage Services Co SBA lending
What types of businesses does National City Mortgage Services Co typically finance?
National City Mortgage Services Co specializes in SBA 7(a) lending to specific industries including all other insurance related activities. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are National City Mortgage Services Co's typical SBA loan terms?
National City Mortgage Services Co's SBA 7(a) loans typically feature an average interest rate of — and average term length of 93 months (approximately 8 years). Loan sizes range from $350K to $350K, with an average loan size of $350K.
Do I need a business valuation for a National City Mortgage Services Co SBA loan?
Yes, National City Mortgage Services Co 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 National City Mortgage Services Co compare to other SBA lenders?
National City Mortgage Services Co has originated 1 SBA loans totaling $350K since 2007. 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 National City Mortgage Services Co lend in?
National City Mortgage Services Co provides SBA 7(a) financing with particularly strong presence in MI. 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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