Northpointe Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Northpointe Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811192 | Car Washes | 1 | $780K | $780K | 9.1% |
| 339950 | Sign Manufacturing | 1 | $72K | $72K | 9.1% |
| 562213 | Solid Waste Combustors and Incinerators | 1 | $365K | $365K | 9.1% |
| 441120 | Used Car Dealers | 1 | $240K | $240K | 9.1% |
| 811191 | Automotive Oil Change and Lubrication Shops | 1 | $315K | $315K | 9.1% |
| 722320 | Caterers | 1 | $135K | $135K | 9.1% |
Geographic Distribution
SBA lending activity for Northpointe Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Michigan (MI) | 10 | $3.1M | 90.9% |
| Indiana (IN) | 1 | $135K | 9.1% |
Why Choose Northpointe Bank?
Based on SBA 7(a) lending track record from 2002-2007
- ✓Proven Track Record: 11 SBA loans approved, totaling $3.2M in financing
- ✓Industry Expertise: Specialized focus on Car Washes, Sign Manufacturing, Solid Waste Combustors and Incinerators
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 271 months
- ✓Loan Range: Loan sizes from $72K to $780K, with an average of $291K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in MI, IN
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 Northpointe Bank SBA lending
What types of businesses does Northpointe Bank typically finance?
Northpointe Bank specializes in SBA 7(a) lending to specific industries including car washes, sign manufacturing, solid waste combustors and incinerators, used car dealers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Northpointe Bank's typical SBA loan terms?
Northpointe Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 271 months (approximately 23 years). Loan sizes range from $72K to $780K, with an average loan size of $291K.
Do I need a business valuation for a Northpointe Bank SBA loan?
Yes, Northpointe 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 Northpointe Bank compare to other SBA lenders?
Northpointe Bank has originated 11 SBA loans totaling $3.2M since 2002. 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 Northpointe Bank lend in?
Northpointe Bank provides SBA 7(a) financing with particularly strong presence in MI, IN. 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.