Starion Bancorporation
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Starion Bancorporation · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541420 | Industrial Design Services | 1 | $247K | $247K | 100.0% |
Geographic Distribution
SBA lending activity for Starion Bancorporation by state
| State | Loans | Volume | Share |
|---|---|---|---|
| North Dakota (ND) | 1 | $247K | 100.0% |
Why Choose Starion Bancorporation?
Based on SBA 7(a) lending track record from 2004-2004
- ✓Proven Track Record: 1 SBA loans approved, totaling $247K in financing
- ✓Industry Expertise: Specialized focus on Industrial Design Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 84 months
- ✓Loan Range: Loan sizes from $247K to $247K, with an average of $247K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in ND
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 Starion Bancorporation SBA lending
What types of businesses does Starion Bancorporation typically finance?
Starion Bancorporation specializes in SBA 7(a) lending to specific industries including industrial design services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Starion Bancorporation's typical SBA loan terms?
Starion Bancorporation's SBA 7(a) loans typically feature an average interest rate of — and average term length of 84 months (approximately 7 years). Loan sizes range from $247K to $247K, with an average loan size of $247K.
Do I need a business valuation for a Starion Bancorporation SBA loan?
Yes, Starion Bancorporation 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 Starion Bancorporation compare to other SBA lenders?
Starion Bancorporation has originated 1 SBA loans totaling $247K since 2004. 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 Starion Bancorporation lend in?
Starion Bancorporation provides SBA 7(a) financing with particularly strong presence in ND. 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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