Valley National Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Valley National Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 624410 | Child Care Services | 123 | $40.8M | $332K | 3.4% |
| 811111 | General Automotive Repair | 71 | $20.2M | $285K | 2.0% |
| 812112 | Beauty Salons | 62 | $11.3M | $183K | 1.7% |
| 621210 | Offices of Dentists | 62 | $20.8M | $335K | 1.7% |
| 713940 | Fitness and Recreational Sports Centers | 58 | $21.0M | $362K | 1.6% |
| 722511 | Full-Service Restaurants | 46 | $42.2M | $918K | 1.3% |
| 721110 | Hotels (except Casino Hotels) and Motels | 45 | $32.3M | $718K | 1.2% |
| 812310 | Coin-Operated Laundries and Drycleaners | 40 | $12.1M | $303K | 1.1% |
| 722513 | Limited-Service Restaurants | 38 | $23.8M | $627K | 1.0% |
| 722410 | Drinking Places (Alcoholic Beverages) | 36 | $15.3M | $426K | 1.0% |
Geographic Distribution
SBA lending activity for Valley National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Florida (FL) | 647 | $495.8M | 17.8% |
| New Jersey (NJ) | 1,938 | $458.5M | 53.4% |
| New York (NY) | 493 | $135.1M | 13.6% |
| Alabama (AL) | 209 | $78.6M | 5.8% |
| Pennsylvania (PA) | 158 | $40.7M | 4.4% |
| Maryland (MD) | 64 | $13.1M | 1.8% |
| Connecticut (CT) | 27 | $7.9M | 0.7% |
| Massachusetts (MA) | 2 | $7.8M | 0.1% |
| Louisiana (LA) | 4 | $6.5M | 0.1% |
| Virginia (VA) | 23 | $4.7M | 0.6% |
| Georgia (GA) | 5 | $4.7M | 0.1% |
| South Carolina (SC) | 16 | $4.0M | 0.4% |
| North Carolina (NC) | 24 | $3.6M | 0.7% |
| District of Columbia (DC) | 6 | $2.3M | 0.2% |
| Delaware (DE) | 9 | $1.1M | 0.2% |
| Texas (TX) | 1 | $661K | 0.0% |
| Colorado (CO) | 1 | $494K | 0.0% |
| California (CA) | 1 | $412K | 0.0% |
Why Choose Valley National Bank?
Based on SBA 7(a) lending track record from 1991-2025
- ✓Proven Track Record: 3,628 SBA loans approved, totaling $1.27B in financing
- ✓Industry Expertise: Specialized focus on Child Care Services, General Automotive Repair, Beauty Salons
- ✓Competitive Terms: Average interest rate of 6.98% with flexible term lengths averaging 157 months
- ✓Loan Range: Loan sizes from $100 to $5.0M, with an average of $349K
- ✓Nationwide Reach: Active lending in 18 states, with strong presence in NJ, FL, 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 Valley National Bank SBA lending
What types of businesses does Valley National Bank typically finance?
Valley National Bank specializes in SBA 7(a) lending to specific industries including child care services, general automotive repair, beauty salons, offices of dentists. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Valley National Bank's typical SBA loan terms?
Valley National Bank's SBA 7(a) loans typically feature an average interest rate of 6.98% and average term length of 157 months (approximately 13 years). Loan sizes range from $100 to $5.0M, with an average loan size of $349K.
Do I need a business valuation for a Valley National Bank SBA loan?
Yes, Valley National Bank 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 Valley National Bank compare to other SBA lenders?
Valley National Bank has originated 3,628 SBA loans totaling $1.27B 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 Valley National Bank lend in?
Valley National Bank provides SBA 7(a) financing with particularly strong presence in NJ, FL, NY, AL, PA. 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.
Get your certified valuation from Fair Market Value.