Riverview Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Riverview Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 624410 | Child Care Services | 5 | $840K | $168K | 4.9% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 4 | $550K | $138K | 3.9% |
| 812112 | Beauty Salons | 3 | $170K | $57K | 2.9% |
| 722410 | Drinking Places (Alcoholic Beverages) | 3 | $407K | $136K | 2.9% |
| 445110 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 2 | $498K | $249K | 2.0% |
| 484110 | General Freight Trucking, Local | 2 | $200K | $100K | 2.0% |
| 424990 | Other Miscellaneous Nondurable Goods Merchant Wholesalers | 2 | $192K | $96K | 2.0% |
| 561740 | Carpet and Upholstery Cleaning Services | 2 | $464K | $232K | 2.0% |
| 812910 | Pet Care (except Veterinary) Services | 2 | $314K | $157K | 2.0% |
| 621310 | Offices of Chiropractors | 2 | $250K | $125K | 2.0% |
Geographic Distribution
SBA lending activity for Riverview Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oregon (OR) | 78 | $12.3M | 76.5% |
| Washington (WA) | 22 | $5.4M | 21.6% |
| California (CA) | 2 | $450K | 2.0% |
Why Choose Riverview Bank?
Based on SBA 7(a) lending track record from 1997-2024
- ✓Proven Track Record: 102 SBA loans approved, totaling $18.1M in financing
- ✓Industry Expertise: Specialized focus on Child Care Services, Offices of Physicians (except Mental Health Specialists), Beauty Salons
- ✓Competitive Terms: Average interest rate of 6.33% with flexible term lengths averaging 87 months
- ✓Loan Range: Loan sizes from $12K to $1.5M, with an average of $178K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in OR, WA, CA
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 Riverview Bank SBA lending
What types of businesses does Riverview Bank typically finance?
Riverview Bank specializes in SBA 7(a) lending to specific industries including child care services, offices of physicians (except mental health specialists), beauty salons, drinking places (alcoholic beverages). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Riverview Bank's typical SBA loan terms?
Riverview Bank's SBA 7(a) loans typically feature an average interest rate of 6.33% and average term length of 87 months (approximately 7 years). Loan sizes range from $12K to $1.5M, with an average loan size of $178K.
Do I need a business valuation for a Riverview Bank SBA loan?
Yes, Riverview 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 Riverview Bank compare to other SBA lenders?
Riverview Bank has originated 102 SBA loans totaling $18.1M since 1997. 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 Riverview Bank lend in?
Riverview Bank provides SBA 7(a) financing with particularly strong presence in OR, WA, CA. 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.
Get your certified valuation from Fair Market Value.