Business Finance Group, Inc.
Business Finance Group, Inc. is an active SBA lender in Virginia, a bank offering SBA-guaranteed small-business loans. Currently rated 3.0 stars across 2 Google reviews.
$1.5B
in SBA approvals since 2010
1,904
SBA loans funded
Hotels & Lodging · Manufacturing · Construction & Contractors
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About Business Finance Group, Inc.
Business Finance Group, Inc. is an SBA 7(a) and/or 504 lender with 1,904 approved SBA loans totaling $1.5B in 2 states since fiscal year 2010, per U.S. SBA FOIA records. Top industries financed: Hotels & Lodging, Manufacturing, Construction & Contractors. Contact the bank directly for current programs and terms.
Serves SBA borrowers in 2 states
Business Finance Group, Inc. has funded SBA loans for businesses in these states, by borrower location. Tap a state to see every lender serving it.
Industries Business Finance Group, Inc. finances
Business types Business Finance Group, Inc. actively lends to, from its SBA loan history. Tap one to see every lender serving it.
Common questions about Business Finance Group, Inc.
What is this place and what can I find here?
This is a financial institution offering SBA loan programs and small business financing solutions. You can find information about loan options, application processes, and support services tailored to your business needs.
Do I need an appointment or can I walk in?
Ask Business Finance Group, Inc. directly — some branches take walk-ins, others book SBA conversations by appointment.
What are the hours of operation?
Hours vary by branch and change. Check Business Finance Group, Inc.'s website or call before you visit.
Is there a fee to use this?
Browsing this directory is free. Any loan fees are set by Business Finance Group, Inc. and the SBA program — ask the lender for its current schedule.
Who is this open to — anyone, or only residents/members?
This institution primarily serves small business owners and entrepreneurs, with eligibility based on business criteria rather than residency alone.
What minimum personal credit score does this bank look for in a guarantor?
Many SBA lenders look for a personal score around 640 or higher, but each bank sets its own bar and it changes. Ask Business Finance Group, Inc. what it looks for today.
How long does the traditional underwriting process take from start to close?
The underwriting process generally takes between 2 to 4 weeks, depending on the completeness of your application and supporting documents.
Is this open on weekends?
Most bank SBA teams work weekdays; confirm with Business Finance Group, Inc. before planning a weekend visit.
How do I get there and where do I park?
Business Finance Group, Inc. is located in Virginia — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.
Who owns or operates this listing?
This page is an independent directory listing for Business Finance Group, Inc., an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Business Finance Group, Inc. itself, which runs its own lending under its own ownership. If you work at Business Finance Group, Inc., you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Business Finance Group, Inc. — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Business Finance Group, Inc. before applying. If you represent Business Finance Group, Inc., claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Business Finance Group, Inc. by phone at (800) 305-0504 or online at businessfinancegroup.org — the same details are in the contact card on this page.
What core industries does this commercial bank traditionally choose to finance?
Based on its approved SBA loans, Business Finance Group, Inc. most often finances businesses in restaurants & food service. This reflects Business Finance Group, Inc.'s real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with Business Finance Group, Inc. which sectors it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this branch?
SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Business Finance Group, Inc. participates in SBA Express depends on its specific SBA lending authority. Contact Business Finance Group, Inc. and ask if it offers SBA Express and what the current limits and terms look like for your situation.
Does this bank have Preferred Lender Provider status with the government?
Whether Business Finance Group, Inc. has SBA Preferred Lender (PLP) status is set by the SBA. Ask the bank directly; PLP lenders can approve in-house and often move faster.
Are start-up companies eligible for financing at this traditional institution?
The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. Business Finance Group, Inc.'s appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Business Finance Group, Inc. directly whether it considers start-up loans.
What are the typical down payment expectations for commercial real estate acquisitions?
For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Business Finance Group, Inc. what down payment it expects for your specific commercial real estate purchase.
Does this bank impose prepayment penalties on short-term working capital facilities?
SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Business Finance Group, Inc. to spell out any prepayment penalties before you sign.
Can I use loan proceeds from this bank to buy out an existing equity partner?
SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Business Finance Group, Inc. to confirm it qualifies and how to document it.
Will historical personal bankruptcies automatically disqualify my loan application here?
A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Business Finance Group, Inc. weighs this case by case under its own policy, so be upfront about your history and ask Business Finance Group, Inc. how it evaluates prior bankruptcies.
