Is Community First Bank of the Heartland a good SBA lender?

Community First Bank of the Heartland has funded 244 SBA loans totaling $89.1M in volume across 5 states, with an average loan size of $365K. The lender's default rate is 498.00%. Whether they are the right fit depends on your deal profile — loan size, industry, geography, and borrower credit. PeerSense matches your specific deal to Community First Bank of the Heartland or one of 897+ alternatives based on closing probability + pricing.

What is the average SBA loan size at Community First Bank of the Heartland?

The average SBA loan size at Community First Bank of the Heartland is $365K, with a range from $5K to $5.0M. This profile suggests they are best suited for borrowers seeking mid-market business acquisitions and equipment financing.

What states does Community First Bank of the Heartland lend in?

Community First Bank of the Heartland actively lends across 5 states. Their highest-volume state is Illinois. Other top states include . Borrower geography matters: a lender's state penetration affects underwriting familiarity, valuation comps, and turnaround speed.

Does Community First Bank of the Heartland fund franchise loans?

Yes — Community First Bank of the Heartland has funded SBA franchise loans across multiple brands. Their highest-volume franchise concept is RE/MAX St. Louis Region, followed by RE/MAX, CHEVROLET, Comfort Suites by Choice Hotel. Lender-franchise familiarity matters: lenders that have closed multiple loans for a brand know the FDD inside-out, which speeds underwriting + reduces re-trade risk.

What industries does Community First Bank of the Heartland prefer?

Community First Bank of the Heartland's highest-volume SBA industry by NAICS code is Real Estate. Other active sectors: Full-Service Restaurants, Motor Vehicle Dealers, Administrative Support. Borrower industry matters: matching your deal to a lender with strong recent volume in your NAICS reduces underwriting friction and improves close-rate odds.

How does PeerSense match deals to Community First Bank of the Heartland?

PeerSense matches your specific SBA deal to Community First Bank of the Heartland based on five factors: deal size vs lender's average + range, your industry vs lender's NAICS history, your state vs lender's geographic penetration, your franchise brand (if applicable) vs lender's brand history, and your credit + experience profile vs lender's known underwriting box. We don't sell leads — we curate fit. No retainer; lender pays referral fee at closing.

SBA LenderIllinoisActiveMid-Market

Community First Bank of the Heartland

SBA lender based in Illinois serving 5 states and 40 industries

Quick Answer

Community First Bank of the Heartland has funded 244 SBA loans across 5 states and 40 industries. Their average loan size is $365K. Whether they are the right SBA lender for your deal depends on size, industry, geography, and credit profile — PeerSense matches your deal against Community First Bank of the Heartland and 897+ alternatives based on closing probability + pricing.

Geographic Reach

5 States

Regional focus

Industry Coverage

40 Industries

Diverse lending portfolio

Lending Activity

Active

Mid-Market focus

Top Lending States

Illinois#1

Tell us about your deal and we'll match you with the right capital source from our network.

Book a Call

Industry Focus Areas

Real Estate

NAICS 531

Full-Service Restaurants

NAICS 721

Motor Vehicle Dealers

NAICS 441

Administrative Support

Why borrowers choose Community First Bank of the Heartland

Community First Bank of the Heartland is best suited for borrowers seeking mid-market business acquisitions and franchise build-outs, with an average SBA loan of $365K. The lender's deepest industry experience is in Real Estate, and their highest-volume state is Illinois. With 244 SBA loans funded across 5 states, they operate as a regional specialist anchored in Illinois. Their portfolio default rate is 498.00%. If your deal profile aligns with their underwriting box, this lender is worth a quote — PeerSense matches your specific deal against Community First Bank of the Heartland and 897+ alternatives.

Recent SBA Activity at Community First Bank of the Heartland

Franchise lending: Community First Bank of the Heartland has funded SBA loans for multiple franchise concepts, with the highest volume in RE/MAX St. Louis Region, RE/MAX, and CHEVROLET. Lender-franchise familiarity reduces underwriting friction: brands the lender already knows clear faster and re-trade less.

Industry concentration: The lender's highest-volume SBA industries are Real Estate, Full-Service Restaurants, and Motor Vehicle Dealers. Borrowers in these NAICS sectors typically see better terms and faster approvals.

Geographic concentration: Top markets are Illinois. Lenders typically underwrite faster in states where they already have closing comps.

SBA Loan Programs Best SBA Franchise Lenders SBA Loan Calculator

Compare Community First Bank of the Heartland to Similar SBA Lenders

Other SBA lenders headquartered in Illinois with similar deal-size profiles. Borrowers should always compare 3–5 lenders before committing.

Illinois · SBA Lender

BMO Bank National Association

16,870 loans$343K avg50 states

View profile

Illinois · SBA Lender

First American Bank

2,166 loans$342K avg23 states

View profile

Illinois · SBA Lender

Busey Bank

2,132 loans$571K avg30 states

View profile

Illinois · SBA Lender

First Mid Bank & Trust, National Association

1,114 loans$276K avg12 states

View profile

Illinois · SBA Lender

Village Bank and Trust, National Association

901 loans$489K avg17 states

View profile

Browse all 897+ SBA lenders

Looking for SBA Financing?

Tell us about your deal and we'll match you with the right capital source from our network. PeerSense uses proprietary data on lender track records to find the best fit for your industry, location, and loan size.

Get Matched Free Contact Us

About Community First Bank of the Heartland SBA Lending

Community First Bank of the Heartland is an SBA lender headquartered in Illinois. PeerSense tracks this lender's SBA lending activity, including approval trends, geographic coverage, and industry specializations.

Community First Bank of the Heartland serves borrowers across 5 states and 40 industry sectors with a regional lending focus. To find out whether Community First Bank of the Heartland is a good fit for your specific deal, reach out to PeerSense for a free lender match.

PeerSense maintains detailed performance data on hundreds of SBA lenders to help borrowers and brokers identify the right capital source. Rather than spending weeks researching lenders on your own, book a free call and let our team match you with lenders who have a proven track record in your industry and geography.

Back to All Lenders

Community First Bank of the Heartland Get a Quote