Republic Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Republic Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 531130 | Lessors of Miniwarehouses and Self-Storage Units | 1 | $4.3M | $4.3M | 50.0% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 1 | $2.7M | $2.7M | 50.0% |
Geographic Distribution
SBA lending activity for Republic Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Nevada (NV) | 1 | $4.3M | 50.0% |
| Texas (TX) | 1 | $2.7M | 50.0% |
Why Choose Republic Bank?
Based on SBA 7(a) lending track record from 2011-2013
- ✓Proven Track Record: 2 SBA loans approved, totaling $7.0M in financing
- ✓Industry Expertise: Specialized focus on Lessors of Miniwarehouses and Self-Storage Units, Offices of Physicians (except Mental Health Specialists)
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 194 months
- ✓Loan Range: Loan sizes from $2.7M to $4.3M, with an average of $3.5M
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in TX, NV
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 Republic Bank SBA lending
What types of businesses does Republic Bank typically finance?
Republic Bank specializes in SBA 7(a) lending to specific industries including lessors of miniwarehouses and self-storage units, offices of physicians (except mental health specialists). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Republic Bank's typical SBA loan terms?
Republic Bank's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 194 months (approximately 16 years). Loan sizes range from $2.7M to $4.3M, with an average loan size of $3.5M.
Do I need a business valuation for a Republic Bank SBA loan?
Yes, Republic 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 Republic Bank compare to other SBA lenders?
Republic Bank has originated 2 SBA loans totaling $7.0M since 2011. 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 Republic Bank lend in?
Republic Bank provides SBA 7(a) financing with particularly strong presence in TX, NV. 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?
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