AltaOne FCU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by AltaOne FCU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 445320 | Other | 8 | $1.6M | $200K | 25.0% |
| 531210 | Offices of Real Estate Agents and Brokers | 8 | $1.6M | $205K | 25.0% |
| 561740 | Carpet and Upholstery Cleaning Services | 8 | $1.5M | $189K | 25.0% |
| 623312 | Homes for the Elderly | 8 | $7.7M | $960K | 25.0% |
Geographic Distribution
SBA lending activity for AltaOne FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 32 | $12.4M | 100.0% |
Why Choose AltaOne FCU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 32 SBA loans approved, totaling $12.4M in financing
- ✓Industry Expertise: Specialized focus on Other, Offices of Real Estate Agents and Brokers, Carpet and Upholstery Cleaning Services
- ✓Competitive Terms: Average interest rate of 11.56% with flexible term lengths averaging 120 months
- ✓Loan Range: Loan sizes from $189K to $960K, with an average of $388K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in CA
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 AltaOne FCU SBA lending
What types of businesses does AltaOne FCU typically finance?
AltaOne FCU specializes in SBA 7(a) lending to specific industries including other, offices of real estate agents and brokers, carpet and upholstery cleaning services, homes for the elderly. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are AltaOne FCU's typical SBA loan terms?
AltaOne FCU's SBA 7(a) loans typically feature an average interest rate of 11.56% and average term length of 120 months (approximately 10 years). Loan sizes range from $189K to $960K, with an average loan size of $388K.
Do I need a business valuation for a AltaOne FCU SBA loan?
Yes, AltaOne 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 AltaOne FCU compare to other SBA lenders?
AltaOne FCU has originated 32 SBA loans totaling $12.4M 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 AltaOne FCU lend in?
AltaOne FCU provides SBA 7(a) financing with particularly strong presence in CA. 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.