Shorebank Capital Corporation
SBA 7(a) Lending Profile · All Time analysis
Geographic Distribution
SBA lending activity for Shorebank Capital Corporation by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Illinois (IL) | 6 | $763K | 100.0% |
Why Choose Shorebank Capital Corporation?
Based on SBA 7(a) lending track record from 2002-2007
- ✓Proven Track Record: 6 SBA loans approved, totaling $763K in financing
- ✓Industry Expertise: Specialized focus on Caterers
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 105 months
- ✓Loan Range: Loan sizes from $48K to $250K, with an average of $127K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in IL
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 Shorebank Capital Corporation SBA lending
What types of businesses does Shorebank Capital Corporation typically finance?
Shorebank Capital Corporation specializes in SBA 7(a) lending to specific industries including caterers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Shorebank Capital Corporation's typical SBA loan terms?
Shorebank Capital Corporation's SBA 7(a) loans typically feature an average interest rate of — and average term length of 105 months (approximately 9 years). Loan sizes range from $48K to $250K, with an average loan size of $127K.
Do I need a business valuation for a Shorebank Capital Corporation SBA loan?
Yes, Shorebank Capital 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 Shorebank Capital Corporation compare to other SBA lenders?
Shorebank Capital Corporation has originated 6 SBA loans totaling $763K since 2002. 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 Shorebank Capital Corporation lend in?
Shorebank Capital Corporation provides SBA 7(a) financing with particularly strong presence in IL. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
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