Silvergate Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Silvergate Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 624410 | Child Care Services | 2 | $830K | $415K | 5.4% |
| 623110 | Nursing Care Facilities (Skilled Nursing Facilities) | 2 | $1.5M | $765K | 5.4% |
| 713990 | All Other Amusement and Recreation Industries | 2 | $4.2M | $2.1M | 5.4% |
| 611512 | Flight Training | 1 | $1.4M | $1.4M | 2.7% |
| 812112 | Beauty Salons | 1 | $73K | $73K | 2.7% |
| 334220 | Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing | 1 | $2.0M | $2.0M | 2.7% |
| 812990 | All Other Personal Services | 1 | $1.0M | $1.0M | 2.7% |
| 481211 | Nonscheduled Chartered Passenger Air Transportation | 1 | $4.5M | $4.5M | 2.7% |
| 621391 | Offices of Podiatrists | 1 | $130K | $130K | 2.7% |
| 238990 | All Other Specialty Trade Contractors | 1 | $304K | $304K | 2.7% |
Geographic Distribution
SBA lending activity for Silvergate Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 37 | $26.9M | 100.0% |
Why Choose Silvergate Bank?
Based on SBA 7(a) lending track record from 2007-2018
- ✓Proven Track Record: 37 SBA loans approved, totaling $26.9M in financing
- ✓Industry Expertise: Specialized focus on Child Care Services, Nursing Care Facilities (Skilled Nursing Facilities), All Other Amusement and Recreation Industries
- ✓Competitive Terms: Average interest rate of 5.96% with flexible term lengths averaging 131 months
- ✓Loan Range: Loan sizes from $64K to $4.5M, with an average of $727K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in 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 Silvergate Bank SBA lending
What types of businesses does Silvergate Bank typically finance?
Silvergate Bank specializes in SBA 7(a) lending to specific industries including child care services, nursing care facilities (skilled nursing facilities), all other amusement and recreation industries, flight training. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Silvergate Bank's typical SBA loan terms?
Silvergate Bank's SBA 7(a) loans typically feature an average interest rate of 5.96% and average term length of 131 months (approximately 11 years). Loan sizes range from $64K to $4.5M, with an average loan size of $727K.
Do I need a business valuation for a Silvergate Bank SBA loan?
Yes, Silvergate 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 Silvergate Bank compare to other SBA lenders?
Silvergate Bank has originated 37 SBA loans totaling $26.9M since 2007. 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 Silvergate Bank lend in?
Silvergate Bank provides SBA 7(a) financing with particularly strong presence in 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.
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