VelocitySBA, LLC
CA
SBA-approved lender offering 5 loan programs across 35 industries.
Key Metrics
Interest Rate
9.37%
2.62% over prime
Average Loan
$942K
Per approval
Total Approvals
193
FY 2025
Loan Programs (5)
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
Industries Served (35)
Administrative Management and General Management Consulting ServicesAll Other Amusement and Recreation IndustriesAll Other Automotive Repair and MaintenanceAll Other Outpatient Care CentersAll Other Personal ServicesAll Other Specialty Trade ContractorsBrick, Stone, and Related Construction Material Merchant WholesalersChild Day Care ServicesCommercial and Institutional Building ConstructionDiagnostic Imaging CentersDrycleaning and Laundry Services (except Coin-Operated)Electrical ContractorsFitness and Recreational Sports CentersFull-Service RestaurantsGeneral Automotive RepairHome Health Care ServicesLandscaping ServicesLimited-Service RestaurantsMobile Food ServicesNew Single-Family Housing Construction (except Operative Builders)Offices of All Other Miscellaneous Health PractitionersOffices of ChiropractorsOffices of LawyersOffices of Physicians (except Mental Health Specialists)Other Heavy and Civil Engineering ConstructionOther Personal Care ServicesPet Care (except Veterinary) ServicesPlumbing, Heating, and Air-Conditioning ContractorsRV (Recreational Vehicle) Parks and CampgroundsRecreational and Vacation Camps (except Campgrounds)Recyclable Material Merchant WholesalersResidential RemodelersSnack and Nonalcoholic Beverage BarsSports and Recreation InstructionSupermarkets and Other Grocery (except Convenience) Stores
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 2.62%
- Effective Rate
- 9.37%
- Fiscal Year
- 2025
- States Served
- CA
- Website
- www.velocitysba.com
Ready to apply with VelocitySBA, LLC?
Let Cassian help you prepare your application and connect you with the right loan officer.