Encore Bank
AR
SBA-approved lender offering 8 loan programs across 6 industries.
Key Metrics
Interest Rate
9.00%
2.25% over prime
Average Loan
$912K
Per approval
Total Approvals
24
FY 2025
Loan Programs (8)
Change of Ownership
Existing or more than 2 years old
New Business or 2 years or less
Preferred Lenders Program
SBA Express Program
Loan Funds will Open Business
7a General
Fixed Rates
Industries Served (6)
All Other Specialty Trade ContractorsBeauty SalonsHome Health Care ServicesOther Computer Related ServicesPlumbing, Heating, and Air-Conditioning ContractorsSpecialized Freight (except Used Goods) Trucking, Local
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 2.25%
- Effective Rate
- 9.00%
- Fiscal Year
- 2025
- States Served
- AR
- Website
- www.bankencore.com
Ready to apply with Encore Bank?
Let Cassian help you prepare your application and connect you with the right loan officer.