Synovus Bank
FDIC-insured bank headquartered in Columbus, Georgia, offering personal banking, business banking, wealth management, loans, digital banking, credit cards, mortgages, and investment services. Serving customers across Alabama, Georgia, Florida, Tennessee, South Carolina, and North Carolina.
Provider names, logos, and trademarks displayed on this page belong to their respective owners and are used for identification purposes only. VerSquare is not affiliated with, endorsed by, or sponsored by Synovus Bank unless otherwise indicated.
No Reviews Yet
Be the first to share your experience! Reviews help other buyers make informed decisions.
Data source: SBA 7(a) FOIA loan-level data, covering activity through March 31, 2026 across the trailing 3 years (31 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
Synovus Bank ranks #296 of 585 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of Synovus Bank’s 7(a) acquisition lending falls in the $0-$500K range: 9 loans, 29.0% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 9 | 29.0% | |
| $500K-$1M | 6 | 19.4% | |
| $1M-$2M | 7 | 22.6% | |
| $2M-$3M | 3 | 9.7% | |
| $4M-$5M | 6 | 19.4% |
Industries with highest loan volume
Highway, Street, and Bridge Construction
3
loans
$5.0M
avg. amount
Motorcycle, ATV, and All Other Motor Vehicle Dealers
3
loans
$2.2M
avg. amount
Local Messengers and Local Delivery
3
loans
$428K
avg. amount
Full-Service Restaurants
3
loans
$622K
avg. amount
Landscaping Services
3
loans
$597K
avg. amount
Beauty Salons
3
loans
$398K
avg. amount
Flooring Contractors
2
loans
$1.4M
avg. amount
Drywall and Insulation Contractors
2
loans
$5.0M
avg. amount
Fitness and Recreational Sports Centers
1
loans
$924K
avg. amount
Solid Waste Collection
1
loans
$1.6M
avg. amount
10-Year
0.0%
Percentile Ranking
0th percentile
Synovus Bank’s median variable rate is + 1.99%, against a market median of Prime + 2.00%, 1 below market.
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.36% |
| $500K-$1M | Prime + 1.71% |
| $1M-$2M | Prime + 1.96% |
| $2M-$3M | Prime + 2.50% |
| $4M-$5M | Prime + 1.33% |
Synovus Bank has originated 7(a) acquisition loans in 5 states, most actively in Florida (16), Georgia (9) and Alabama (4). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| Florida | 16 | 51.6% |
| Georgia | 9 | 29.0% |
| Alabama | 4 | 12.9% |
| Tennessee | 1 | 3.2% |
| South Carolina | 1 | 3.2% |
Claim this profile to manage your information, respond to reviews, and access analytics.