360 FCU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by 360 FCU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 333517 | Machine Tool Manufacturing | 8 | $645K | $81K | 100.0% |
Geographic Distribution
SBA lending activity for 360 FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Connecticut (CT) | 8 | $645K | 100.0% |
Why Choose 360 FCU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 8 SBA loans approved, totaling $645K in financing
- ✓Industry Expertise: Specialized focus on Machine Tool Manufacturing
- ✓Competitive Terms: Average interest rate of 8.00% with flexible term lengths averaging 120 months
- ✓Loan Range: Loan sizes from $81K to $81K, with an average of $81K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in CT
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about 360 FCU SBA lending
What types of businesses does 360 FCU typically finance?
360 FCU specializes in SBA 7(a) lending to specific industries including machine tool manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are 360 FCU's typical SBA loan terms?
360 FCU's SBA 7(a) loans typically feature an average interest rate of 8.00% and average term length of 120 months (approximately 10 years). Loan sizes range from $81K to $81K, with an average loan size of $81K.
Do I need a business valuation for a 360 FCU SBA loan?
Yes, 360 FCU typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does 360 FCU compare to other SBA lenders?
360 FCU has originated 8 SBA loans totaling $645K since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does 360 FCU lend in?
360 FCU provides SBA 7(a) financing with particularly strong presence in CT. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.