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1 SBA 7(a) lenders specializing in utilities acquisitions nationwide.
Lenders
nationwide
Total Volume
Median Rate
Median Loan Size
| # | Lender | Loans | Volume | Rate | Default Rate |
|---|---|---|---|---|---|
| 1 | First-Citizens Bank & Trust Company | 1 | $961K | P+2.00% | 2.5% |
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Customize your search →1 SBA 7(a) lenders have originated 1 acquisition loans in the utilities sector, totaling $961K in volume. The median loan size is $961K, with a median interest rate of Prime + 2.00% (Prime + spread).
When evaluating lenders for a utilities acquisition, compare loan volume (indicating experience in this sector), interest rates, and historical default rates. PLP (Preferred Lender Program) lenders have delegated SBA authority for faster loan processing.
There are 1 active SBA 7(a) lenders that have originated utilities acquisition loans, with a combined 1 loans nationwide.
The median SBA 7(a) acquisition loan rate for utilities is approximately Prime + 2.00%. The SBA caps the spread at 3.0% for loans over $250,000.
The top states for utilities SBA lending include .
Data source: SBA 7(a) FOIA lending data. Rankings are based on loan count within the utilities sector. Rates shown are median interest rates expressed as Prime + spread. Default rates represent 10-year cumulative default rates.