Opus Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Opus Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541940 | Veterinary Services | 3 | $1.2M | $412K | 3.3% |
| 237130 | Power and Communication Line and Related Structures Construction | 2 | $300K | $150K | 2.2% |
| 621210 | Offices of Dentists | 2 | $670K | $335K | 2.2% |
| 333132 | Oil and Gas Field Machinery and Equipment Manufacturing | 2 | $300K | $150K | 2.2% |
| 621320 | Offices of Optometrists | 2 | $295K | $148K | 2.2% |
| 561740 | Carpet and Upholstery Cleaning Services | 1 | $22K | $22K | 1.1% |
| 333992 | Welding and Soldering Equipment Manufacturing | 1 | $150K | $150K | 1.1% |
| 311111 | Dog and Cat Food Manufacturing | 1 | $50K | $50K | 1.1% |
| 713990 | All Other Amusement and Recreation Industries | 1 | $120K | $120K | 1.1% |
| 334290 | Other Communications Equipment Manufacturing | 1 | $150K | $150K | 1.1% |
Geographic Distribution
SBA lending activity for Opus Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 40 | $10.2M | 44.0% |
| Washington (WA) | 51 | $9.2M | 56.0% |
Why Choose Opus Bank?
Based on SBA 7(a) lending track record from 1991-2005
- ✓Proven Track Record: 91 SBA loans approved, totaling $19.4M in financing
- ✓Industry Expertise: Specialized focus on Veterinary Services, Power and Communication Line and Related Structures Construction, Offices of Dentists
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 125 months
- ✓Loan Range: Loan sizes from $22K to $1.6M, with an average of $214K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in WA, CA
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 Opus Bank SBA lending
What types of businesses does Opus Bank typically finance?
Opus Bank specializes in SBA 7(a) lending to specific industries including veterinary services, power and communication line and related structures construction, offices of dentists, oil and gas field machinery and equipment manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Opus Bank's typical SBA loan terms?
Opus Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 125 months (approximately 10 years). Loan sizes range from $22K to $1.6M, with an average loan size of $214K.
Do I need a business valuation for a Opus Bank SBA loan?
Yes, Opus 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 Opus Bank compare to other SBA lenders?
Opus Bank has originated 91 SBA loans totaling $19.4M 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 Opus Bank lend in?
Opus Bank provides SBA 7(a) financing with particularly strong presence in WA, CA. 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?
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