Regional Development Funding Corporation
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Regional Development Funding Corporation · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722515 | Snack and Nonalcoholic Beverage Bars | 2 | $500K | $250K | 22.2% |
| 531130 | Lessors of Miniwarehouses and Self-Storage Units | 1 | $100K | $100K | 11.1% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 1 | $250K | $250K | 11.1% |
| 722513 | Limited-Service Restaurants | 1 | $125K | $125K | 11.1% |
| 611620 | Sports and Recreation Instruction | 1 | $250K | $250K | 11.1% |
| 445110 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 1 | $225K | $225K | 11.1% |
| 623312 | Assisted Living Facilities for the Elderly | 1 | $60K | $60K | 11.1% |
| 213112 | Support Activities for Oil and Gas Operations | 1 | $100K | $100K | 11.1% |
Geographic Distribution
SBA lending activity for Regional Development Funding Corporation by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Pennsylvania (PA) | 9 | $1.6M | 100.0% |
Why Choose Regional Development Funding Corporation?
Based on SBA 7(a) lending track record from 2012-2017
- ✓Proven Track Record: 9 SBA loans approved, totaling $1.6M in financing
- ✓Industry Expertise: Specialized focus on Snack and Nonalcoholic Beverage Bars, Lessors of Miniwarehouses and Self-Storage Units, Plumbing, Heating, and Air-Conditioning Contractors
- ✓Competitive Terms: Average interest rate of 7.64% with flexible term lengths averaging 92 months
- ✓Loan Range: Loan sizes from $60K to $250K, with an average of $179K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in PA
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 Regional Development Funding Corporation SBA lending
What types of businesses does Regional Development Funding Corporation typically finance?
Regional Development Funding Corporation specializes in SBA 7(a) lending to specific industries including snack and nonalcoholic beverage bars, lessors of miniwarehouses and self-storage units, plumbing, heating, and air-conditioning contractors, limited-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Regional Development Funding Corporation's typical SBA loan terms?
Regional Development Funding Corporation's SBA 7(a) loans typically feature an average interest rate of 7.64% and average term length of 92 months (approximately 8 years). Loan sizes range from $60K to $250K, with an average loan size of $179K.
Do I need a business valuation for a Regional Development Funding Corporation SBA loan?
Yes, Regional Development Funding 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 Regional Development Funding Corporation compare to other SBA lenders?
Regional Development Funding Corporation has originated 9 SBA loans totaling $1.6M since 2012. 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 Regional Development Funding Corporation lend in?
Regional Development Funding Corporation provides SBA 7(a) financing with particularly strong presence in PA. 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.
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