The Fidelity Bank

Fuquay Varina, NC7(a) lenderTop sector: Limited-Service Restaurants

Is this my lender?

Loans approved

366

FY1991–FY2026

Dollars approved

$229.1M

$210.2M since FY2021

Average loan

$626K

$951K recently

Charge-off rate

1.0%

by dollars · 5.2% by count

Approvals over time

Loading the series…

What they lend against

Limited-Service Restaurants13 Full-Service Restaurants11 General Automotive Repair10 Pet Care (except Veterinary) Services9 Fitness and Recreational Sports Centers8 Full-Service Restaurants8

Loan count by NAICS industry, whole record. Each row opens that industry’s profile, where this lender is ranked against everyone else writing it.

Where they lend

North Carolina258 · 70%Florida25 · 7%Texas21 · 6%South Carolina15 · 4%Virginia7 · 2%Illinois4 · 1%Tennessee3 · 1%California3 · 1%

Share is of this lender’s entire book, so the 8 states shown need not sum to 100%. Together they account for 92% of its lending.

At a glance

Rank by recent volume#173 of 2321

First approvalFY1991

Latest approvalFY2026

States lent into8+

What they charge

Typical pricingPrime + 2.25

Median rate 9.75%Fixed 5%119 loans

Median initial rate on this lender's 7(a) loans approved FY2024 onward, against a market median of Prime + 2.75. That is about what the market typically prices. It is the rate at approval, not an offer, and says nothing about fees.

Program mix

7(a) · 100% (366)504 · 0% (0)

Split by loan count.

7(a) $229.1M504 $0

Loss rate in context

This lender1.0%

Both programs, all lenders4.6%

Charged-off dollars over dollars approved. By loan count this lender is at 5.2%; the two measures diverge when a book is weighted toward small loans.

For banks

See how your book compares with The Fidelity Bank in any market.

Benchmark against this lender →