Penn Business Credit, Inc
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Penn Business Credit, Inc · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 512110 | Motion Picture and Video Production | 3 | $600K | $200K | 15.0% |
| 336413 | Other Aircraft Parts and Auxiliary Equipment Manufacturing | 2 | $150K | $75K | 10.0% |
| 541330 | Engineering Services | 2 | $1.1M | $550K | 10.0% |
| 541511 | Custom Computer Programming Services | 1 | $150K | $150K | 5.0% |
| 333511 | Industrial Mold Manufacturing | 1 | $150K | $150K | 5.0% |
| 541512 | Computer Systems Design Services | 1 | $50K | $50K | 5.0% |
| 113310 | Logging | 1 | $150K | $150K | 5.0% |
| 326199 | All Other Plastics Product Manufacturing | 1 | $50K | $50K | 5.0% |
| 441110 | New Car Dealers | 1 | $150K | $150K | 5.0% |
Geographic Distribution
SBA lending activity for Penn Business Credit, Inc by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Pennsylvania (PA) | 19 | $4.8M | 95.0% |
| Delaware (DE) | 1 | $50K | 5.0% |
Why Choose Penn Business Credit, Inc?
Based on SBA 7(a) lending track record from 2000-2005
- ✓Proven Track Record: 20 SBA loans approved, totaling $4.8M in financing
- ✓Industry Expertise: Specialized focus on Motion Picture and Video Production, Other Aircraft Parts and Auxiliary Equipment Manufacturing, Engineering Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 14 months
- ✓Loan Range: Loan sizes from $50K to $1.5M, with an average of $240K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in PA, DE
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 Penn Business Credit, Inc SBA lending
What types of businesses does Penn Business Credit, Inc typically finance?
Penn Business Credit, Inc specializes in SBA 7(a) lending to specific industries including motion picture and video production, other aircraft parts and auxiliary equipment manufacturing, engineering services, custom computer programming services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Penn Business Credit, Inc's typical SBA loan terms?
Penn Business Credit, Inc's SBA 7(a) loans typically feature an average interest rate of — and average term length of 14 months (approximately 1 years). Loan sizes range from $50K to $1.5M, with an average loan size of $240K.
Do I need a business valuation for a Penn Business Credit, Inc SBA loan?
Yes, Penn Business Credit, Inc 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 Penn Business Credit, Inc compare to other SBA lenders?
Penn Business Credit, Inc has originated 20 SBA loans totaling $4.8M since 2000. 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 Penn Business Credit, Inc lend in?
Penn Business Credit, Inc provides SBA 7(a) financing with particularly strong presence in PA, DE. 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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