Regions Bank
SBA 7(a) Lending Profile · FY 2021 analysis
Industry Focus
Top industries served by Regions Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 624410 | Child Day Care Services | 288 | $385.8M | $1.3M | 4.4% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 200 | $168.4M | $842K | 3.1% |
| 722511 | Full-Service Restaurants | 200 | $189.9M | $949K | 3.1% |
| 524210 | Insurance Agencies and Brokerages | 184 | $179.9M | $978K | 2.8% |
| 722513 | Limited-Service Restaurants | 176 | $132.0M | $750K | 2.7% |
| 811111 | General Automotive Repair | 128 | $116.8M | $912K | 2.0% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 120 | $76.1M | $634K | 1.8% |
| 561730 | Landscaping Services | 104 | $48.4M | $465K | 1.6% |
| 531390 | Other Activities Related to Real Estate | 104 | $149.2M | $1.4M | 1.6% |
| 238990 | All Other Specialty Trade Contractors | 104 | $107.2M | $1.0M | 1.6% |
Geographic Distribution
SBA lending activity for Regions Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 1,456 | $1.95B | 22.4% |
| Florida (FL) | 1,816 | $1.49B | 28.0% |
| Georgia (GA) | 568 | $825.9M | 8.8% |
| Tennessee (TN) | 664 | $581.7M | 10.2% |
| Louisiana (LA) | 288 | $295.0M | 4.4% |
| Indiana (IN) | 184 | $291.7M | 2.8% |
| Alabama (AL) | 400 | $285.1M | 6.2% |
| North Carolina (NC) | 200 | $268.5M | 3.1% |
| South Carolina (SC) | 128 | $210.9M | 2.0% |
| Arkansas (AR) | 200 | $204.1M | 3.1% |
| Missouri (MO) | 264 | $148.6M | 4.1% |
| Mississippi (MS) | 152 | $116.8M | 2.3% |
| Illinois (IL) | 96 | $64.4M | 1.5% |
| Kentucky (KY) | 24 | $33.1M | 0.4% |
| Virginia (VA) | 24 | $23.8M | 0.4% |
| Oklahoma (OK) | 8 | $14.9M | 0.1% |
| Maine (ME) | 8 | $10.4M | 0.1% |
| New York (NY) | 8 | $6.8M | 0.1% |
Why Choose Regions Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 6,488 SBA loans approved, totaling $6.83B in financing
- ✓Industry Expertise: Specialized focus on Child Day Care Services, Offices of Physicians (except Mental Health Specialists), Full-Service Restaurants
- ✓Competitive Terms: Average interest rate of 7.62% with flexible term lengths averaging 140 months
- ✓Loan Range: Loan sizes from $25K to $5.0M, with an average of $1.1M
- ✓Nationwide Reach: Active lending in 18 states, with strong presence in FL, TX, TN
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 Regions Bank SBA lending
What types of businesses does Regions Bank typically finance?
Regions Bank specializes in SBA 7(a) lending to specific industries including child day care services, offices of physicians (except mental health specialists), full-service restaurants, insurance agencies and brokerages. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Regions Bank's typical SBA loan terms?
Regions Bank's SBA 7(a) loans typically feature an average interest rate of 7.62% and average term length of 140 months (approximately 12 years). Loan sizes range from $25K to $5.0M, with an average loan size of $1.1M.
Do I need a business valuation for a Regions Bank SBA loan?
Yes, Regions 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 Regions Bank compare to other SBA lenders?
Regions Bank has originated 6,488 SBA loans totaling $6.83B since 2020. 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 Regions Bank lend in?
Regions Bank provides SBA 7(a) financing with particularly strong presence in FL, TX, TN, GA, AL. 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?
Professional valuations are often required for SBA loans over $250,000.
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