Provident Mortgage Company
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Provident Mortgage Company · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 624410 | Child Care Services | 1 | $13K | $13K | 100.0% |
Geographic Distribution
SBA lending activity for Provident Mortgage Company by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Ohio (OH) | 1 | $13K | 100.0% |
Why Choose Provident Mortgage Company?
Based on SBA 7(a) lending track record from 2004-2004
- ✓Proven Track Record: 1 SBA loans approved, totaling $13K in financing
- ✓Industry Expertise: Specialized focus on Child Care Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 60 months
- ✓Loan Range: Loan sizes from $13K to $13K, with an average of $13K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in OH
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 Provident Mortgage Company SBA lending
What types of businesses does Provident Mortgage Company typically finance?
Provident Mortgage Company specializes in SBA 7(a) lending to specific industries including child care services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Provident Mortgage Company's typical SBA loan terms?
Provident Mortgage Company's SBA 7(a) loans typically feature an average interest rate of — and average term length of 60 months (approximately 5 years). Loan sizes range from $13K to $13K, with an average loan size of $13K.
Do I need a business valuation for a Provident Mortgage Company SBA loan?
Yes, Provident Mortgage Company 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 Provident Mortgage Company compare to other SBA lenders?
Provident Mortgage Company has originated 1 SBA loans totaling $13K since 2004. 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 Provident Mortgage Company lend in?
Provident Mortgage Company provides SBA 7(a) financing with particularly strong presence in OH. 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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