Western Commerce Bank
NM
SBA-approved lender offering 9 loan programs across 7 industries.
Key Metrics
Interest Rate
8.03%
1.28% over prime
Average Loan
$590K
Per approval
Total Approvals
30
FY 2025
Loan Programs (9)
Existing or more than 2 years old
New Business or 2 years or less
Preferred Lenders Program
SBA Express Program
Variable Rates
Change of Ownership
Fixed Rates
7a General
Loan Funds will Open Business
Industries Served (7)
All Other Specialty Trade ContractorsAutomotive Oil Change and Lubrication ShopsGeneral Freight Trucking, LocalGolf Courses and Country ClubsHome Health Care ServicesLimited-Service RestaurantsSnack and Nonalcoholic Beverage Bars
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 1.28%
- Effective Rate
- 8.03%
- Fiscal Year
- 2025
- States Served
- NM
- Website
- www.wcb.net
Ready to apply with Western Commerce Bank?
Let Cassian help you prepare your application and connect you with the right loan officer.