First Horizon Bank
TN
SBA-approved lender offering 7 loan programs across 9 industries.
Key Metrics
Interest Rate
8.59%
1.84% over prime
Average Loan
$1.2M
Per approval
Total Approvals
26
FY 2025
Loan Programs (7)
7a General
Change of Ownership
Existing or more than 2 years old
Loan Funds will Open Business
Preferred Lenders Program
New Business or 2 years or less
Fixed Rates
Industries Served (9)
General Automotive RepairOffices of All Other Miscellaneous Health PractitionersOffices of ChiropractorsOffices of Physicians (except Mental Health Specialists)Other Services to Buildings and DwellingsPlumbing, Heating, and Air-Conditioning ContractorsSporting and Athletic Goods ManufacturingSporting and Recreational Goods and Supplies Merchant WholesalersWelding and Soldering Equipment Manufacturing
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 1.84%
- Effective Rate
- 8.59%
- Fiscal Year
- 2025
- States Served
- TN
- Website
- www.firsthorizon.com
Ready to apply with First Horizon Bank?
Let Cassian help you prepare your application and connect you with the right loan officer.