Align Credit Union
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by Align Credit Union
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 561730 | Landscaping Services | 24 | $6.3M | $263K | 20.0% |
| 312120 | Breweries | 16 | $744K | $47K | 13.3% |
| 531110 | Lessors of Residential Buildingsv and Dwellings | 8 | $1.6M | $200K | 6.7% |
| 448190 | Other Clothing Stores | 8 | $894K | $112K | 6.7% |
| 812199 | Other Personal Care Services | 8 | $240K | $30K | 6.7% |
| 446191 | Food (Health) Supplement Stores | 8 | $160K | $20K | 6.7% |
| 812112 | Beauty Salons | 8 | $1.3M | $158K | 6.7% |
| 238990 | All Other Specialty Trade Contractors | 8 | $2.4M | $300K | 6.7% |
| 442291 | Window Treatment Stores | 8 | $2.0M | $250K | 6.7% |
| 448140 | Family Clothing Stores | 8 | $432K | $54K | 6.7% |
Geographic Distribution
SBA lending activity for Align Credit Union by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Massachusetts (MA) | 96 | $12.5M | 80.0% |
| New Hampshire (NH) | 24 | $4.7M | 20.0% |
Why Choose Align Credit Union?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 120 SBA loans approved, totaling $17.2M in financing
- ✓Industry Expertise: Specialized focus on Landscaping Services, Breweries, Lessors of Residential Buildingsv and Dwellings
- ✓Competitive Terms: Average interest rate of 7.42% with flexible term lengths averaging 90 months
- ✓Loan Range: Loan sizes from $20K to $680K, with an average of $143K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in MA, NH
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 Align Credit Union SBA lending
What types of businesses does Align Credit Union typically finance?
Align Credit Union specializes in SBA 7(a) lending to specific industries including landscaping services, breweries, lessors of residential buildingsv and dwellings, other clothing stores. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Align Credit Union's typical SBA loan terms?
Align Credit Union's SBA 7(a) loans typically feature an average interest rate of 7.42% and average term length of 90 months (approximately 8 years). Loan sizes range from $20K to $680K, with an average loan size of $143K.
Do I need a business valuation for a Align Credit Union SBA loan?
Yes, Align Credit Union 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 Align Credit Union compare to other SBA lenders?
Align Credit Union has originated 120 SBA loans totaling $17.2M 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 Align Credit Union lend in?
Align Credit Union provides SBA 7(a) financing with particularly strong presence in MA, NH. 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.