Truist Bank
NC
SBA-approved lender offering 5 loan programs across 24 industries.
Key Metrics
Interest Rate
7.90%
1.15% over prime
Average Loan
$1.5M
Per approval
Total Approvals
84
FY 2025
Loan Programs (5)
Change of Ownership
Existing or more than 2 years old
Fixed Rates
New Business or 2 years or less
Preferred Lenders Program
Industries Served (24)
All Other Professional, Scientific, and Technical ServicesChild Day Care ServicesCommercial Gravure PrintingComputer Systems Design ServicesElectrical ContractorsEngineering ServicesFarm Supplies Merchant WholesalersFull-Service RestaurantsGeneral Rental CentersGlass and Glazing ContractorsHardware Merchant WholesalersLandscaping ServicesLimited-Service RestaurantsNail SalonsOffices of ChiropractorsOffices of Mental Health Practitioners (except Physicians)Other Accounting ServicesOther Building Equipment ContractorsPlumbing, Heating, and Air-Conditioning ContractorsPrivate Mail CentersSupermarkets and Other Grocery (except Convenience) StoresVeterinary ServicesWood Container and Pallet ManufacturingWood Kitchen Cabinet and Countertop Manufacturing
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 1.15%
- Effective Rate
- 7.90%
- Fiscal Year
- 2025
- States Served
- NC
- Website
- www.truist.com
Ready to apply with Truist Bank?
Let Cassian help you prepare your application and connect you with the right loan officer.