Synovus Bank of Jacksonville
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Synovus Bank of Jacksonville · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 623110 | Nursing Care Facilities (Skilled Nursing Facilities) | 1 | $75K | $75K | 50.0% |
Geographic Distribution
SBA lending activity for Synovus Bank of Jacksonville by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 2 | $211K | 100.0% |
Why Choose Synovus Bank of Jacksonville?
Based on SBA 7(a) lending track record from 2005-2008
- ✓Proven Track Record: 2 SBA loans approved, totaling $211K in financing
- ✓Industry Expertise: Specialized focus on Nursing Care Facilities (Skilled Nursing Facilities)
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 40 months
- ✓Loan Range: Loan sizes from $75K to $136K, with an average of $105K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in GA
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 Synovus Bank of Jacksonville SBA lending
What types of businesses does Synovus Bank of Jacksonville typically finance?
Synovus Bank of Jacksonville specializes in SBA 7(a) lending to specific industries including nursing care facilities (skilled nursing facilities). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Synovus Bank of Jacksonville's typical SBA loan terms?
Synovus Bank of Jacksonville's SBA 7(a) loans typically feature an average interest rate of — and average term length of 40 months (approximately 3 years). Loan sizes range from $75K to $136K, with an average loan size of $105K.
Do I need a business valuation for a Synovus Bank of Jacksonville SBA loan?
Yes, Synovus Bank of Jacksonville 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 Synovus Bank of Jacksonville compare to other SBA lenders?
Synovus Bank of Jacksonville has originated 2 SBA loans totaling $211K since 2005. 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 Synovus Bank of Jacksonville lend in?
Synovus Bank of Jacksonville provides SBA 7(a) financing with particularly strong presence in GA. 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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