VisionBank of Iowa
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by VisionBank of Iowa · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621310 | Offices of Chiropractors | 6 | $566K | $94K | 9.0% |
| 722511 | Full-Service Restaurants | 3 | $1.4M | $478K | 4.5% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 2 | $1.6M | $789K | 3.0% |
| 812910 | Pet Care (except Veterinary) Services | 2 | $2.9M | $1.5M | 3.0% |
| 722410 | Drinking Places (Alcoholic Beverages) | 2 | $219K | $110K | 3.0% |
| 562111 | Solid Waste Collection | 2 | $410K | $205K | 3.0% |
| 722513 | Limited-Service Restaurants | 2 | $475K | $238K | 3.0% |
| 812112 | Beauty Salons | 1 | $60K | $60K | 1.5% |
| 713990 | All Other Amusement and Recreation Industries | 1 | $1.2M | $1.2M | 1.5% |
| 488410 | Motor Vehicle Towing | 1 | $148K | $148K | 1.5% |
Geographic Distribution
SBA lending activity for VisionBank of Iowa by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Iowa (IA) | 67 | $25.1M | 100.0% |
Why Choose VisionBank of Iowa?
Based on SBA 7(a) lending track record from 1991-2024
- ✓Proven Track Record: 67 SBA loans approved, totaling $25.1M in financing
- ✓Industry Expertise: Specialized focus on Offices of Chiropractors, Full-Service Restaurants, Plumbing, Heating, and Air-Conditioning Contractors
- ✓Competitive Terms: Average interest rate of 6.57% with flexible term lengths averaging 125 months
- ✓Loan Range: Loan sizes from $9K to $2.8M, with an average of $375K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in IA
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 VisionBank of Iowa SBA lending
What types of businesses does VisionBank of Iowa typically finance?
VisionBank of Iowa specializes in SBA 7(a) lending to specific industries including offices of chiropractors, full-service restaurants, plumbing, heating, and air-conditioning contractors, pet care (except veterinary) services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are VisionBank of Iowa's typical SBA loan terms?
VisionBank of Iowa's SBA 7(a) loans typically feature an average interest rate of 6.57% and average term length of 125 months (approximately 10 years). Loan sizes range from $9K to $2.8M, with an average loan size of $375K.
Do I need a business valuation for a VisionBank of Iowa SBA loan?
Yes, VisionBank of Iowa 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 VisionBank of Iowa compare to other SBA lenders?
VisionBank of Iowa has originated 67 SBA loans totaling $25.1M 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 VisionBank of Iowa lend in?
VisionBank of Iowa provides SBA 7(a) financing with particularly strong presence in IA. 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.
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