Synovus Bank
GA
SBA-approved lender offering 7 loan programs across 14 industries.
Key Metrics
Interest Rate
8.42%
1.67% over prime
Average Loan
$1.5M
Per approval
Total Approvals
49
FY 2025
Loan Programs (7)
Change of Ownership
Existing or more than 2 years old
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Fixed Rates
7a General
Industries Served (14)
All Other Professional, Scientific, and Technical ServicesArchitectural ServicesChild Day Care ServicesCommercial Gravure PrintingConstruction, Mining, and Forestry Machinery and Equipment Rental andDrywall and Insulation ContractorsFarm Supplies Merchant WholesalersFlooring ContractorsJewelry, Watch, Precious Stone, and Precious Metal Merchant WholesalerLimited-Service RestaurantsOther Miscellaneous Durable Goods Merchant WholesalersReady-Mix Concrete ManufacturingResidential RemodelersSupermarkets and Other Grocery (except Convenience) Stores
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 1.67%
- Effective Rate
- 8.42%
- Fiscal Year
- 2025
- States Served
- GA
- Website
- www.synovus.com
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