Atlantic Regional Federal Credit Union
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Atlantic Regional Federal Credit Union
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621610 | Home Health Care Services | 24 | $3.2M | $134K | 10.0% |
| 722511 | Full-Service Restaurants | 24 | $4.1M | $170K | 10.0% |
| 562991 | Septic Tank and Related Services | 16 | $1.8M | $116K | 6.7% |
| 213112 | Support Activities for Oil and Gas Operations | 16 | $1.6M | $103K | 6.7% |
| 238320 | Painting and Wall Covering Contractors | 16 | $400K | $25K | 6.7% |
| 561730 | Landscaping Services | 16 | $560K | $35K | 6.7% |
| 115310 | Support Activities for Forestry | 16 | $584K | $37K | 6.7% |
| 621340 | Offices of Physical, Occupational and Speech Therapists, and Audiologi | 16 | $560K | $35K | 6.7% |
| 459999 | Other | 8 | $640K | $80K | 3.3% |
| 236115 | New Single-Family Housing Construction (except Operative Builders) | 8 | $600K | $75K | 3.3% |
Geographic Distribution
SBA lending activity for Atlantic Regional Federal Credit Union by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Maine (ME) | 232 | $19.5M | 96.7% |
| New Hampshire (NH) | 8 | $1.6M | 3.3% |
Why Choose Atlantic Regional Federal Credit Union?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 240 SBA loans approved, totaling $21.1M in financing
- ✓Industry Expertise: Specialized focus on Home Health Care Services, Full-Service Restaurants, Septic Tank and Related Services
- ✓Competitive Terms: Average interest rate of 7.72% with flexible term lengths averaging 89 months
- ✓Loan Range: Loan sizes from $15K to $200K, with an average of $88K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in ME, 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 Atlantic Regional Federal Credit Union SBA lending
What types of businesses does Atlantic Regional Federal Credit Union typically finance?
Atlantic Regional Federal Credit Union specializes in SBA 7(a) lending to specific industries including home health care services, full-service restaurants, septic tank and related services, support activities for oil and gas operations. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Atlantic Regional Federal Credit Union's typical SBA loan terms?
Atlantic Regional Federal Credit Union's SBA 7(a) loans typically feature an average interest rate of 7.72% and average term length of 89 months (approximately 7 years). Loan sizes range from $15K to $200K, with an average loan size of $88K.
Do I need a business valuation for a Atlantic Regional Federal Credit Union SBA loan?
Yes, Atlantic Regional Federal 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 Atlantic Regional Federal Credit Union compare to other SBA lenders?
Atlantic Regional Federal Credit Union has originated 240 SBA loans totaling $21.1M 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 Atlantic Regional Federal Credit Union lend in?
Atlantic Regional Federal Credit Union provides SBA 7(a) financing with particularly strong presence in ME, 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.