Compass Bank is our #9 SBA bank. Compass lent money in 25 states last year. Everything is bigger in Texas and Compass is a very big bank for small businesses in Texas. .

 

Interest rates charged by Compass Bank the past few years for SBA loans over $50,000 with terms of seven years or greater:

 

Some of the top industries that this bank specializes in (sorted from highest to lowest loan volume):

IndustryAvg Loan $Avg Int
Restaurants$120,8218.2%
Doctors$254,5827.9%
Remoldelers$34,7148.6%
Dental Practice$846,3585.8%
Auto Repair$84,5008.6%
Veterinarian$1,129,2735.2%
Day Care$2,432,9635.5%
Landscaping$21,7398.8%
Law Firms$90,9268.5%
Beauty Salons$133,3337.2%
Auto Body Shop$144,9857.8%
Plumbing & HVAC$43,3009.0%

 

9

8.02%

4.65%

11.50%

471

$246,857,800

$524,114

$10,000

$4,944,100

24

318

Posted in Alabama, National SBA Lenders and Top SBA Lenders

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