PACE Finance Corporation
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by PACE Finance Corporation · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 10 | $891K | $89K | 13.7% |
| 713940 | Fitness and Recreational Sports Centers | 3 | $300K | $100K | 4.1% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 2 | $230K | $115K | 2.7% |
| 621399 | Offices of All Other Miscellaneous Health Practitioners | 2 | $80K | $40K | 2.7% |
| 311920 | Coffee and Tea Manufacturing | 2 | $225K | $113K | 2.7% |
| 541110 | Offices of Lawyers | 2 | $200K | $100K | 2.7% |
| 238210 | Electrical Contractors and Other Wiring Installation Contractors | 2 | $300K | $150K | 2.7% |
| 541690 | Other Scientific and Technical Consulting Services | 2 | $190K | $95K | 2.7% |
| 311520 | Ice Cream and Frozen Dessert Manufacturing | 2 | $200K | $100K | 2.7% |
| 236116 | New Multifamily Housing Construction (except For-Sale Builders) | 2 | $175K | $88K | 2.7% |
Geographic Distribution
SBA lending activity for PACE Finance Corporation by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 73 | $7.4M | 100.0% |
Why Choose PACE Finance Corporation?
Based on SBA 7(a) lending track record from 2014-2020
- ✓Proven Track Record: 73 SBA loans approved, totaling $7.4M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Fitness and Recreational Sports Centers, Offices of Physicians (except Mental Health Specialists)
- ✓Competitive Terms: Average interest rate of 7.89% with flexible term lengths averaging 86 months
- ✓Loan Range: Loan sizes from $25K to $250K, with an average of $101K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in 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 PACE Finance Corporation SBA lending
What types of businesses does PACE Finance Corporation typically finance?
PACE Finance Corporation specializes in SBA 7(a) lending to specific industries including full-service restaurants, fitness and recreational sports centers, offices of physicians (except mental health specialists), offices of all other miscellaneous health practitioners. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are PACE Finance Corporation's typical SBA loan terms?
PACE Finance Corporation's SBA 7(a) loans typically feature an average interest rate of 7.89% and average term length of 86 months (approximately 7 years). Loan sizes range from $25K to $250K, with an average loan size of $101K.
Do I need a business valuation for a PACE Finance Corporation SBA loan?
Yes, PACE Finance Corporation 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 PACE Finance Corporation compare to other SBA lenders?
PACE Finance Corporation has originated 73 SBA loans totaling $7.4M since 2014. 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 PACE Finance Corporation lend in?
PACE Finance Corporation provides SBA 7(a) financing with particularly strong presence in 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.
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