Union Planters Bank of Alabama
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Union Planters Bank of Alabama · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541330 | Engineering Services | 1 | $100K | $100K | 11.1% |
Geographic Distribution
SBA lending activity for Union Planters Bank of Alabama by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Alabama (AL) | 9 | $4.6M | 100.0% |
Why Choose Union Planters Bank of Alabama?
Based on SBA 7(a) lending track record from 1997-2001
- ✓Proven Track Record: 9 SBA loans approved, totaling $4.6M in financing
- ✓Industry Expertise: Specialized focus on Engineering Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 44 months
- ✓Loan Range: Loan sizes from $20K to $2.0M, with an average of $512K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in AL
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 Union Planters Bank of Alabama SBA lending
What types of businesses does Union Planters Bank of Alabama typically finance?
Union Planters Bank of Alabama specializes in SBA 7(a) lending to specific industries including engineering services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Union Planters Bank of Alabama's typical SBA loan terms?
Union Planters Bank of Alabama's SBA 7(a) loans typically feature an average interest rate of — and average term length of 44 months (approximately 4 years). Loan sizes range from $20K to $2.0M, with an average loan size of $512K.
Do I need a business valuation for a Union Planters Bank of Alabama SBA loan?
Yes, Union Planters Bank of Alabama 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 Union Planters Bank of Alabama compare to other SBA lenders?
Union Planters Bank of Alabama has originated 9 SBA loans totaling $4.6M since 1997. 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 Union Planters Bank of Alabama lend in?
Union Planters Bank of Alabama provides SBA 7(a) financing with particularly strong presence in AL. 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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