VisionBank
SBA 7(a) Lending Profile · FY 2021 analysis
Industry Focus
Top industries served by VisionBank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 484110 | General Freight Trucking, Local | 56 | $20.1M | $358K | 15.6% |
| 812112 | Beauty Salons | 32 | $6.7M | $210K | 8.9% |
| 423320 | Brick, Stone, and Related Construction Material Merchant Wholesalers | 24 | $6.9M | $286K | 6.7% |
| 722320 | Caterers | 16 | $120K | $8K | 4.4% |
| 713940 | Fitness and Recreational Sports Centers | 16 | $2.7M | $172K | 4.4% |
| 238910 | Site Preparation Contractors | 16 | $1.1M | $72K | 4.4% |
| 541613 | Marketing Consulting Services | 16 | $6.7M | $416K | 4.4% |
| 445298 | Other | 16 | $2.0M | $125K | 4.4% |
| 513130 | Other | 16 | $1.5M | $94K | 4.4% |
| 722511 | Full-Service Restaurants | 16 | $2.1M | $132K | 4.4% |
Geographic Distribution
SBA lending activity for VisionBank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Minnesota (MN) | 320 | $91.7M | 88.9% |
| Wisconsin (WI) | 24 | $11.9M | 6.7% |
| Tennessee (TN) | 8 | $2.5M | 2.2% |
| Arizona (AZ) | 8 | $1.4M | 2.2% |
Why Choose VisionBank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 360 SBA loans approved, totaling $107.4M in financing
- ✓Industry Expertise: Specialized focus on General Freight Trucking, Local, Beauty Salons, Brick, Stone, and Related Construction Material Merchant Wholesalers
- ✓Competitive Terms: Average interest rate of 6.11% with flexible term lengths averaging 106 months
- ✓Loan Range: Loan sizes from $5K to $2.7M, with an average of $298K
- ✓Nationwide Reach: Active lending in 4 states, with strong presence in MN, WI, TN
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 SBA lending
What types of businesses does VisionBank typically finance?
VisionBank specializes in SBA 7(a) lending to specific industries including general freight trucking, local, beauty salons, brick, stone, and related construction material merchant wholesalers, caterers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are VisionBank's typical SBA loan terms?
VisionBank's SBA 7(a) loans typically feature an average interest rate of 6.11% and average term length of 106 months (approximately 9 years). Loan sizes range from $5K to $2.7M, with an average loan size of $298K.
Do I need a business valuation for a VisionBank SBA loan?
Yes, VisionBank 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 compare to other SBA lenders?
VisionBank has originated 360 SBA loans totaling $107.4M 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 VisionBank lend in?
VisionBank provides SBA 7(a) financing with particularly strong presence in MN, WI, TN, AZ. 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.
Get your certified valuation from Fair Market Value.