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Top SBA Lenders in Virginia for Administrative & Support Services

3 SBA 7(a) lenders active in Virginia's administrative & support services sector.

Lenders

3

10 loans

Total Volume

$3.3M

Median Rate

Prime + 1.88%

State avg: Prime + 2.25%

Default Rate

3.3%

State avg: 1.5%

Top Administrative & Support Services Lenders in Virginia

1Capital Bank, National Association

Loans

4

Rate

P+2.75%

6.0%

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2The Bancorp Bank National Association

Loans

3

Rate

P+1.00%

0.7%

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3Bank of America, National Association

Loans

3

Rate

P+0.00%

0.0%

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Rate Distribution (Administrative & Support Services in Virginia)

All Administrative & Support Services Lenders in Virginia

#LenderLoansVolumeRateDefault Rate
1Capital Bank, National Association4$1.4MP+2.75%6.0%
2The Bancorp Bank National Association3$934KP+1.00%0.7%
3Bank of America, National Association3$921KP+0.00%0.0%

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Administrative & Support Services SBA Lending in Virginia

3 SBA 7(a) lenders are active in Virginia's administrative & support services sector, having originated 10 loans totaling $3.3M. The median rate for administrative & support services acquisitions in Virginia is Prime + 1.88%, compared to the statewide median of Prime + 2.25%.

The 10-year cumulative default rate for this niche is 3.3%, which is above the state average of 1.5%.

Frequently Asked Questions

How many SBA lenders specialize in administrative & support services in Virginia?

3 SBA 7(a) lenders have originated administrative & support services acquisition loans in Virginia, with a combined 10 loans.

What rate can I expect for a administrative & support services acquisition in Virginia?

The median rate is Prime + 1.88% (Prime + spread). This compares to a statewide median of Prime + 2.25%. Actual rates depend on loan size, borrower qualifications, and collateral.

What is the default rate for administrative & support services SBA loans in Virginia?

The 10-year cumulative default rate is 3.3%, compared to a statewide average of 1.5%.

Data source: SBA 7(a) FOIA lending data. Rankings are based on loan count within the selected state and industry. Rates shown are median interest rates expressed as Prime + spread. Default rates represent 10-year cumulative default rates.

Figures shown here are historical SBA 7(a) lending data presented for general information only. They are not an offer of credit, a prediction of the terms you will receive, or financial advice. VerSquare is not a licensed broker, lender, or financial advisor. Consult a licensed professional before making a financing decision.