Textron Business Credit, Inc.
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Textron Business Credit, Inc. · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811111 | General Automotive Repair | 12 | $3.1M | $258K | 4.0% |
| 713910 | Golf Courses and Country Clubs | 9 | $9.3M | $1.0M | 3.0% |
| 812112 | Beauty Salons | 8 | $988K | $123K | 2.6% |
| 624410 | Child Care Services | 7 | $3.2M | $454K | 2.3% |
| 722410 | Drinking Places (Alcoholic Beverages) | 4 | $798K | $200K | 1.3% |
| 812310 | Coin-Operated Laundries and Drycleaners | 4 | $763K | $191K | 1.3% |
| 713950 | Bowling Centers | 3 | $2.0M | $653K | 1.0% |
| 445110 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 3 | $1.6M | $547K | 1.0% |
| 488410 | Motor Vehicle Towing | 2 | $984K | $492K | 0.7% |
| 812990 | All Other Personal Services | 2 | $160K | $80K | 0.7% |
Geographic Distribution
SBA lending activity for Textron Business Credit, Inc. by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New York (NY) | 31 | $14.9M | 10.3% |
| Rhode Island (RI) | 71 | $14.6M | 23.5% |
| Florida (FL) | 22 | $14.0M | 7.3% |
| Massachusetts (MA) | 34 | $11.2M | 11.3% |
| Georgia (GA) | 17 | $7.5M | 5.6% |
| New Jersey (NJ) | 10 | $5.9M | 3.3% |
| Connecticut (CT) | 17 | $5.4M | 5.6% |
| Virginia (VA) | 6 | $5.3M | 2.0% |
| Texas (TX) | 18 | $4.7M | 6.0% |
| North Carolina (NC) | 6 | $4.3M | 2.0% |
| Illinois (IL) | 9 | $4.0M | 3.0% |
| California (CA) | 11 | $3.4M | 3.6% |
| Colorado (CO) | 7 | $1.9M | 2.3% |
| South Carolina (SC) | 3 | $1.9M | 1.0% |
| Indiana (IN) | 4 | $1.9M | 1.3% |
| Pennsylvania (PA) | 3 | $1.8M | 1.0% |
| Tennessee (TN) | 2 | $1.5M | 0.7% |
| Nebraska (NE) | 1 | $1.4M | 0.3% |
| Ohio (OH) | 3 | $1.3M | 1.0% |
| VI (VI) | 1 | $1.1M | 0.3% |
| Arkansas (AR) | 2 | $1.1M | 0.7% |
| Michigan (MI) | 4 | $970K | 1.3% |
| Nevada (NV) | 2 | $926K | 0.7% |
| Arizona (AZ) | 3 | $573K | 1.0% |
| Maine (ME) | 2 | $400K | 0.7% |
| Maryland (MD) | 2 | $361K | 0.7% |
| Alabama (AL) | 2 | $284K | 0.7% |
| Minnesota (MN) | 1 | $230K | 0.3% |
| Missouri (MO) | 1 | $200K | 0.3% |
| New Hampshire (NH) | 2 | $175K | 0.7% |
| Oregon (OR) | 2 | $165K | 0.7% |
| Oklahoma (OK) | 1 | $90K | 0.3% |
| New Mexico (NM) | 1 | $66K | 0.3% |
| Wisconsin (WI) | 1 | $57K | 0.3% |
Why Choose Textron Business Credit, Inc.?
Based on SBA 7(a) lending track record from 1995-2002
- ✓Proven Track Record: 302 SBA loans approved, totaling $113.6M in financing
- ✓Industry Expertise: Specialized focus on General Automotive Repair, Golf Courses and Country Clubs, Beauty Salons
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 153 months
- ✓Loan Range: Loan sizes from $10K to $1.6M, with an average of $376K
- ✓Nationwide Reach: Active lending in 34 states, with strong presence in RI, MA, NY
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 Textron Business Credit, Inc. SBA lending
What types of businesses does Textron Business Credit, Inc. typically finance?
Textron Business Credit, Inc. specializes in SBA 7(a) lending to specific industries including general automotive repair, golf courses and country clubs, beauty salons, child care services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Textron Business Credit, Inc.'s typical SBA loan terms?
Textron Business Credit, Inc.'s SBA 7(a) loans typically feature an average interest rate of — and average term length of 153 months (approximately 13 years). Loan sizes range from $10K to $1.6M, with an average loan size of $376K.
Do I need a business valuation for a Textron Business Credit, Inc. SBA loan?
Yes, Textron Business Credit, Inc. 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 Textron Business Credit, Inc. compare to other SBA lenders?
Textron Business Credit, Inc. has originated 302 SBA loans totaling $113.6M since 1995. 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 Textron Business Credit, Inc. lend in?
Textron Business Credit, Inc. provides SBA 7(a) financing with particularly strong presence in RI, MA, NY, FL, TX. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
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