Webster Bank National Association
RI
SBA-approved lender offering 5 loan programs across 64 industries.
Key Metrics
Interest Rate
8.63%
1.88% over prime
Average Loan
$396K
Per approval
Total Approvals
208
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 (64)
Advertising AgenciesAll Other Miscellaneous ManufacturingAll Other Miscellaneous Wood Product ManufacturingAll Other Personal ServicesAll Other Specialty Trade ContractorsAll Other Transit and Ground Passenger TransportationAll Other Travel Arrangement and Reservation ServicesAutomotive Body, Paint, and Interior Repair and MaintenanceBeauty SalonsCaterersChild Day Care ServicesCommercial BakeriesCommercial and Institutional Building ConstructionConfectionery Manufacturing from Purchased ChocolateConvention and Trade Show OrganizersDrycleaning and Laundry Services (except Coin-Operated)Drywall and Insulation ContractorsElectrical ContractorsElectrical and Electronic Appliance, Television, and Radio Set MerchantsFacilities Support ServicesFull-Service RestaurantsGasket, Packing, and Sealing Device ManufacturingGeneral Automotive RepairGeneral Line Grocery Merchant WholesalersHighway, Street, and Bridge ConstructionIndependent Artists, Writers, and PerformersIndustrial Building ConstructionIndustrial and Personal Service Paper Merchant WholesalersLandscaping ServicesLimited-Service RestaurantsLimousine ServiceLumber, Plywood, Millwork, and Wood Panel Merchant WholesalersMarinasMeat and Meat Product Merchant WholesalersNew Car DealersNew Single-Family Housing Construction (except Operative Builders)Offices of All Other Miscellaneous Health PractitionersOffices of Certified Public AccountantsOffices of DentistsOffices of LawyersOffices of OptometristsOffices of Physicians (except Mental Health Specialists)Other Accounting ServicesOther Activities Related to Real EstateOther Electronic Parts and Equipment Merchant WholesalersOther Foundation, Structure, and Building Exterior ContractorsOther Grocery and Related Products Merchant WholesalersOther Miscellaneous Durable Goods Merchant WholesalersOther Miscellaneous Nondurable Goods Merchant WholesalersOther Services Related to AdvertisingOther Snack Food ManufacturingPainting and Wall Covering ContractorsPayroll ServicesPet Care (except Veterinary) ServicesPhotographic Equipment and Supplies Merchant WholesalersPoured Concrete Foundation and Structure ContractorsRemediation ServicesResidential RemodelersSheet Metal Work ManufacturingSupermarkets and Other Grocery (except Convenience) StoresUsed Car DealersWater and Sewer Line and Related Structures ConstructionWholesale Trade Agents and BrokersWood Kitchen Cabinet and Countertop Manufacturing
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 1.88%
- Effective Rate
- 8.63%
- Fiscal Year
- 2025
- States Served
- RI
- Website
- www.websterbank.com
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