Regions Bank
AL
SBA-approved lender offering 6 loan programs across 56 industries.
Key Metrics
Interest Rate
8.38%
1.63% over prime
Average Loan
$847K
Per approval
Total Approvals
187
FY 2025
Loan Programs (6)
Change of Ownership
Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Industries Served (56)
Aircraft Engine and Engine Parts ManufacturingAll Other Miscellaneous ManufacturingAll Other Personal ServicesAll Other Professional, Scientific, and Technical ServicesAll Other Specialty Trade ContractorsAll Other Support ServicesArchitectural ServicesChild Day Care ServicesCoffee and Tea ManufacturingCommercial Screen PrintingCommercial and Industrial Machinery and Equipment (except Automotive aCommercial and Institutional Building ConstructionCustom Computer Programming ServicesDirect Health and Medical Insurance CarriersDry Pasta, Dough, and Flour Mixes Manufacturing from Purchased FlourElectrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant WholesalersElectrical ContractorsEngineering ServicesEnvironmental Consulting ServicesFitness and Recreational Sports CentersFlooring ContractorsFull-Service RestaurantsGeneral Warehousing and StorageIndustrial Machinery and Equipment Merchant WholesalersIndustrial Valve ManufacturingIndustrial and Personal Service Paper Merchant WholesalersInstitutional Furniture ManufacturingInsurance Agencies and BrokeragesLandscaping ServicesLimited-Service RestaurantsMetal Window and Door ManufacturingNail SalonsOffices of All Other Miscellaneous Health PractitionersOffices of DentistsOffices of Mental Health Practitioners (except Physicians)Offices of OptometristsOffices of Other Holding CompaniesOffices of Physicians (except Mental Health Specialists)Other Accounting ServicesOther Building Equipment ContractorsOther Computer Related ServicesOther Construction Material Merchant WholesalersOther Electronic Parts and Equipment Merchant WholesalersOther Individual and Family ServicesOther Specialized Design ServicesPet Care (except Veterinary) ServicesPlastics Materials and Basic Forms and Shapes Merchant WholesalersPower, Distribution, and Specialty Transformer ManufacturingSecurity Guards and Patrol ServicesSports Teams and ClubsTesting LaboratoriesUrethane and Other Foam Product ManufacturingUsed Household and Office Goods MovingVeterinary ServicesWater and Sewer Line and Related Structures ConstructionWine and Distilled Alcoholic Beverage Merchant Wholesalers
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 1.63%
- Effective Rate
- 8.38%
- Fiscal Year
- 2025
- States Served
- AL
- Website
- www.regions.com
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