Vantage Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Vantage Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 238110 | Poured Concrete Foundation and Structure Contractors | 32 | $5.0M | $155K | 13.8% |
| 484121 | General Freight Trucking, Long Distance, Truckload | 32 | $2.7M | $85K | 13.8% |
| 722330 | Mobile Food Services | 16 | $592K | $37K | 6.9% |
| 451110 | Sporting Goods Stores | 16 | $1.7M | $108K | 6.9% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 16 | $442K | $28K | 6.9% |
| 488490 | Other Support Activities for Road Transportation | 8 | $381K | $48K | 3.4% |
| 236220 | Commercial and Institutional Building Construction | 8 | $8.0M | $994K | 3.4% |
| 321992 | Prefabricated Wood Building Manufacturing | 8 | $1.2M | $155K | 3.4% |
| 238990 | All Other Specialty Trade Contractors | 8 | $1.3M | $158K | 3.4% |
| 541320 | Landscape Architectural Services | 8 | $408K | $51K | 3.4% |
Geographic Distribution
SBA lending activity for Vantage Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Minnesota (MN) | 224 | $28.2M | 96.6% |
| North Dakota (ND) | 8 | $7.2M | 3.4% |
Why Choose Vantage Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 232 SBA loans approved, totaling $35.4M in financing
- ✓Industry Expertise: Specialized focus on Poured Concrete Foundation and Structure Contractors, General Freight Trucking, Long Distance, Truckload, Mobile Food Services
- ✓Competitive Terms: Average interest rate of 5.18% with flexible term lengths averaging 61 months
- ✓Loan Range: Loan sizes from $20K to $994K, with an average of $153K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in MN, ND
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 Vantage Bank SBA lending
What types of businesses does Vantage Bank typically finance?
Vantage Bank specializes in SBA 7(a) lending to specific industries including poured concrete foundation and structure contractors, general freight trucking, long distance, truckload, mobile food services, sporting goods stores. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Vantage Bank's typical SBA loan terms?
Vantage Bank's SBA 7(a) loans typically feature an average interest rate of 5.18% and average term length of 61 months (approximately 5 years). Loan sizes range from $20K to $994K, with an average loan size of $153K.
Do I need a business valuation for a Vantage Bank SBA loan?
Yes, Vantage 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 Vantage Bank compare to other SBA lenders?
Vantage Bank has originated 232 SBA loans totaling $35.4M since 2020. 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 Vantage Bank lend in?
Vantage Bank provides SBA 7(a) financing with particularly strong presence in MN, ND. 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?
Professional valuations are often required for SBA loans over $250,000.
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