American Heritage FCU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by American Heritage FCU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722410 | Drinking Places (Alcoholic Beverages) | 4 | $1.9M | $478K | 18.2% |
| 713940 | Fitness and Recreational Sports Centers | 2 | $500K | $250K | 9.1% |
| 722511 | Full-Service Restaurants | 2 | $508K | $254K | 9.1% |
| 611699 | All Other Miscellaneous Schools and Instruction | 1 | $206K | $206K | 4.5% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 1 | $585K | $585K | 4.5% |
| 541320 | Landscape Architectural Services | 1 | $203K | $203K | 4.5% |
| 611620 | Sports and Recreation Instruction | 1 | $4.8M | $4.8M | 4.5% |
| 812199 | Other Personal Care Services | 1 | $179K | $179K | 4.5% |
| 337122 | Nonupholstered Wood Household Furniture Manufacturing | 1 | $1.3M | $1.3M | 4.5% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 1 | $1.2M | $1.2M | 4.5% |
Geographic Distribution
SBA lending activity for American Heritage FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New Jersey (NJ) | 11 | $8.9M | 50.0% |
| Pennsylvania (PA) | 11 | $4.9M | 50.0% |
Why Choose American Heritage FCU?
Based on SBA 7(a) lending track record from 2005-2019
- ✓Proven Track Record: 22 SBA loans approved, totaling $13.8M in financing
- ✓Industry Expertise: Specialized focus on Drinking Places (Alcoholic Beverages), Fitness and Recreational Sports Centers, Full-Service Restaurants
- ✓Competitive Terms: Average interest rate of 6.48% with flexible term lengths averaging 113 months
- ✓Loan Range: Loan sizes from $100K to $4.8M, with an average of $628K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in PA, NJ
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 American Heritage FCU SBA lending
What types of businesses does American Heritage FCU typically finance?
American Heritage FCU specializes in SBA 7(a) lending to specific industries including drinking places (alcoholic beverages), fitness and recreational sports centers, full-service restaurants, all other miscellaneous schools and instruction. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are American Heritage FCU's typical SBA loan terms?
American Heritage FCU's SBA 7(a) loans typically feature an average interest rate of 6.48% and average term length of 113 months (approximately 9 years). Loan sizes range from $100K to $4.8M, with an average loan size of $628K.
Do I need a business valuation for a American Heritage FCU SBA loan?
Yes, American Heritage 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 American Heritage FCU compare to other SBA lenders?
American Heritage FCU has originated 22 SBA loans totaling $13.8M since 2005. 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 American Heritage FCU lend in?
American Heritage FCU provides SBA 7(a) financing with particularly strong presence in PA, NJ. 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.
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Certified valuations are often required for SBA loans over $250,000.
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