United Fidelity Bank, FSB
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by United Fidelity Bank, FSB · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 87 | $12.0M | $138K | 6.6% |
| 721110 | Hotels (except Casino Hotels) and Motels | 56 | $35.5M | $633K | 4.2% |
| 812310 | Coin-Operated Laundries and Drycleaners | 48 | $11.8M | $246K | 3.6% |
| 811192 | Car Washes | 25 | $20.0M | $801K | 1.9% |
| 621210 | Offices of Dentists | 13 | $4.7M | $362K | 1.0% |
| 445110 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 12 | $3.5M | $294K | 0.9% |
| 811111 | General Automotive Repair | 12 | $4.5M | $371K | 0.9% |
| 445292 | Confectionery and Nut Retailers | 10 | $2.7M | $272K | 0.8% |
| 812112 | Beauty Salons | 8 | $1.2M | $150K | 0.6% |
| 713990 | All Other Amusement and Recreation Industries | 8 | $6.5M | $816K | 0.6% |
Geographic Distribution
SBA lending activity for United Fidelity Bank, FSB by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Colorado (CO) | 878 | $262.2M | 66.6% |
| California (CA) | 397 | $145.9M | 30.1% |
| Arizona (AZ) | 16 | $7.5M | 1.2% |
| Utah (UT) | 4 | $3.8M | 0.3% |
| Indiana (IN) | 10 | $1.3M | 0.8% |
| Wyoming (WY) | 3 | $1.3M | 0.2% |
| Texas (TX) | 4 | $906K | 0.3% |
| Nevada (NV) | 1 | $540K | 0.1% |
| VI (VI) | 1 | $420K | 0.1% |
| Illinois (IL) | 2 | $297K | 0.2% |
| Minnesota (MN) | 3 | $260K | 0.2% |
Why Choose United Fidelity Bank, FSB?
Based on SBA 7(a) lending track record from 1991-2023
- ✓Proven Track Record: 1,319 SBA loans approved, totaling $424.5M in financing
- ✓Industry Expertise: Specialized focus on Drycleaning and Laundry Services (except Coin-Operated), Hotels (except Casino Hotels) and Motels, Coin-Operated Laundries and Drycleaners
- ✓Competitive Terms: Average interest rate of 5.55% with flexible term lengths averaging 155 months
- ✓Loan Range: Loan sizes from $2K to $3.2M, with an average of $322K
- ✓Nationwide Reach: Active lending in 11 states, with strong presence in CO, CA, AZ
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 United Fidelity Bank, FSB SBA lending
What types of businesses does United Fidelity Bank, FSB typically finance?
United Fidelity Bank, FSB specializes in SBA 7(a) lending to specific industries including drycleaning and laundry services (except coin-operated), hotels (except casino hotels) and motels, coin-operated laundries and drycleaners, car washes. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are United Fidelity Bank, FSB's typical SBA loan terms?
United Fidelity Bank, FSB's SBA 7(a) loans typically feature an average interest rate of 5.55% and average term length of 155 months (approximately 13 years). Loan sizes range from $2K to $3.2M, with an average loan size of $322K.
Do I need a business valuation for a United Fidelity Bank, FSB SBA loan?
Yes, United Fidelity Bank, FSB 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 United Fidelity Bank, FSB compare to other SBA lenders?
United Fidelity Bank, FSB has originated 1,319 SBA loans totaling $424.5M since 1991. 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 United Fidelity Bank, FSB lend in?
United Fidelity Bank, FSB provides SBA 7(a) financing with particularly strong presence in CO, CA, AZ, IN, UT. 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?
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