Lender intelligence
Financing a repossession services acquisition in Iowa
The SBA 7(a) lenders funding the most repossession services acquisitions in Iowa, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Deal economics— what it takes to buy & finance repossession services in Iowa
$88K
Typical loan
range $88K–$88K
$97K
Est. purchase price
≈ loan ÷ 90%
$12,551
Cash to close
$9,744 down + fees
$1,284/mo
Typical payment
~12.5% · 10yr
$17,719/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
1
Lenders competing
more = leverage
8.25%
Avg rate on record
cap ~9.75%
Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.
Most active in repossession services · Iowa
Ranked by funded repossession services acquisitions in Iowa. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.26 loans · $26M · Billings, MTFull record →
1+ funded Repossession Services in Iowa deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- TCS, Inc. in Des Moines, IA — $88K (2026) · purchase · First Interstate Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $75K (85%)
- Approved
- 2/28/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 10
- Business age
- Change of Ownership
- Industry
- Repossession Services
If you were the buyer here
- Est. deal size
- $97K
- Est. down payment (10%)
- $10K
- Est. cash at closing
- $13K
- Monthly payment
- $1,076
- Annual debt service
- $13K
- Cash flow needed (1.25×)
- $16K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Interstate Bank · Lender record →
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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to repossession services businesses with a Iowa project address.
Agent summary
How to finance a repossession services acquisition in Iowa with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Iowa deals. First Interstate Bank funds the most here. CapBench is not a lender.
- $615K typical loan
- 1 lenders active in Iowa
- 1+ funded Iowa deals
Buyers buying a repossession services in Iowa typically pre-qualify, then ask CapBench to introduce a lender active here — free for buyers; agents submit a consented lead via the CapBench MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.