Southern Bank and Trust Company
SBA lender based in North Carolina serving 2 states and 69 industries
Southern Bank and Trust Company has funded 635 SBA loans across 2 states and 69 industries. Their average loan size is $153K. Whether they are the right SBA lender for your deal depends on size, industry, geography, and credit profile — PeerSense matches your deal against Southern Bank and Trust Company and 897+ alternatives based on closing probability + pricing.
Top Lending States
Tell us about your deal and we'll match you with the right capital source from our network.
Book a CallWhy borrowers choose Southern Bank and Trust Company
Southern Bank and Trust Company is best suited for borrowers seeking small-business working capital, startup, and franchise loans, with an average SBA loan of $153K. The lender's deepest industry experience is in Limited-Service Restaurants, and their highest-volume state is Virginia. With 635 SBA loans funded across 2 states, they operate as a regional specialist anchored in North Carolina. Their portfolio default rate is 661.00%. If your deal profile aligns with their underwriting box, this lender is worth a quote — PeerSense matches your specific deal against Southern Bank and Trust Company and 897+ alternatives.
Recent SBA Activity at Southern Bank and Trust Company
Franchise lending: Southern Bank and Trust Company has funded SBA loans for multiple franchise concepts, with the highest volume in TROPICAL SMOOTHIE, SUBWAY SANDWICH SHOP, and QUIZNOS. 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 Limited-Service Restaurants, Amusement & Recreation, and Professional/Technical Services. Borrowers in these NAICS sectors typically see better terms and faster approvals.
Geographic concentration: Top markets are Virginia, and North Carolina. Lenders typically underwrite faster in states where they already have closing comps.
Compare Southern Bank and Trust Company to Similar SBA Lenders
Other SBA lenders headquartered in North Carolina with similar deal-size profiles. Borrowers should always compare 3–5 lenders before committing.
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.
About Southern Bank and Trust Company SBA Lending
Southern Bank and Trust Company is an SBA lender headquartered in North Carolina. PeerSense tracks this lender's SBA lending activity, including approval trends, geographic coverage, and industry specializations.
Southern Bank and Trust Company serves borrowers across 2 states and 69 industry sectors with a regional lending focus. To find out whether Southern Bank and Trust Company 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.
Explore More
All SBA Lenders
Browse 899+ capital sources by state
SBA Loan Calculator
Estimate payments with live rates
Industry Benchmarks
SBA lending data across 100+ industries
Best SBA Franchise Lenders
Ranked by franchise loan volume
SBA Loans Guide
7(a), 504, Express — full overview
Get Matched
Tell us about your deal — free consultation
See Related Rates by Program
PeerSense covers the full commercial capital stack. Rates and structures across our money pages — updated weekly.
CMBS Conduit
5.60–7.10%10-yr non-recourse fixed, $5M–$500M+, fully assumable
Bridge Loans
9.00–14.00%12–36 mo transitional, SOFR + 470-970 bps, 65-75% LTV
DSCR Investor
5.95–8.50%30-yr fixed rental, qualifies on property cash flow
Equipment Financing
5.50–12.00%Loan, lease, SBA 504, vendor, captive — Section 179 eligible
Hotel Financing
5.85–11.75%CMBS + SBA 504 + bridge + PIP across all flags
Mezzanine Debt
11.00–18.00%Subordinate to senior, $1M–$50M, capital stack fill
Private Credit
7.80–18.00%Non-bank flexibility, unitranche, recap, transitional
Invoice Factoring + ABL
0.5–3.5% / 30dB2B receivables, trucking / staffing / construction / govt
No-Doc CRE
7.50–11.50%Limited-doc commercial, asset-based underwriting