SBA lender · 7(a) program
Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC)
Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) has approved 503 SBA loans worth $165.4M since FY2010 - the #398 SBA lender in the country by dollars approved. Everything below comes from the SBA’s own loan-level records.
National rank
#398
0.03% of all SBA dollars
Total approved
$165.4M
FY2010 onward
Loans
503
Median loan
$173,000
-4% vs national
Median rate
8.50%
+1.75 pts vs national
Charge-off rate
18.2%
77 resolved FY10-19 loans
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Reading the record
What Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC)’s numbers say
Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) sits in the long tail of the SBA lending field, having approved 503 loans for a gross total of $165.4M since fiscal 2010. Its median loan of $173,000 is close to the $180,000 national median.
The median initial note rate across its 7(a) approvals is 8.50%, 1.75 points above the national median of 6.75%. Rate medians drawn across fifteen years reflect the mix of loan sizes and vintages a lender wrote as much as its pricing posture - a lender that grew fastest during a high-rate stretch will look expensive here even if its spread was ordinary.
Of its FY2010-FY2019 approvals that have reached a terminal status, 18.2% were charged off, 10.6 points above the national figure of 7.6%. Read that as a description of the credit box a lender chose, not as a verdict on it: lenders serving newer businesses and thinner files will always show higher losses than those writing large, collateralised acquisition loans.
Roughly 2% of its approvals went to businesses the SBA classified as new rather than existing, against 11% nationally - a book weighted toward established operators.
Where Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) lends
| State | Loans | Share |
|---|---|---|
| Puerto Rico | 501 | |
| U.S. Virgin Islands | 2 |
What it lends against
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Questions about Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC)
- How many SBA loans has Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) approved?
- Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) has approved 503 SBA loans totalling $165,429,800 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it #398 among all SBA lenders by dollars approved.
- What is the typical Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) SBA loan size?
- The median gross approval is $173,000, with the middle 80% of loans falling between $72,000 and $739,000. The national median across all SBA lenders is $180,000.
- What interest rate does Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) charge on SBA 7(a) loans?
- The median initial note rate on Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC)'s 7(a) approvals is 8.50%, compared with a national median of 6.75%. This is a historical median across all approvals since FY2010, not a quote - SBA 7(a) rates are pegged to a base rate that moves, and your rate depends on loan size, term, and credit profile.
- What is Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC)'s SBA loan charge-off rate?
- 18.2% of its FY2010-FY2019 approvals that have reached a terminal status were charged off, against a national figure of 7.6%. A charge-off rate reflects the borrowers a lender chose to underwrite as much as anything else, and is not a measure of service quality.
Where to go from here
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