Barksdale FCU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Barksdale FCU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 236118 | Residential Remodelers | 8 | $2.4M | $300K | 20.0% |
| 722511 | Full-Service Restaurants | 8 | $1.1M | $135K | 20.0% |
| 311920 | Coffee and Tea Manufacturing | 8 | $800K | $100K | 20.0% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 8 | $1.0M | $128K | 20.0% |
| 624410 | Child Day Care Services | 8 | $1.2M | $154K | 20.0% |
Geographic Distribution
SBA lending activity for Barksdale FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Louisiana (LA) | 40 | $6.5M | 100.0% |
Why Choose Barksdale FCU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 40 SBA loans approved, totaling $6.5M in financing
- ✓Industry Expertise: Specialized focus on Residential Remodelers, Full-Service Restaurants, Coffee and Tea Manufacturing
- ✓Competitive Terms: Average interest rate of 8.05% with flexible term lengths averaging 118 months
- ✓Loan Range: Loan sizes from $100K to $300K, with an average of $163K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in LA
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 Barksdale FCU SBA lending
What types of businesses does Barksdale FCU typically finance?
Barksdale FCU specializes in SBA 7(a) lending to specific industries including residential remodelers, full-service restaurants, coffee and tea manufacturing, snack and nonalcoholic beverage bars. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Barksdale FCU's typical SBA loan terms?
Barksdale FCU's SBA 7(a) loans typically feature an average interest rate of 8.05% and average term length of 118 months (approximately 10 years). Loan sizes range from $100K to $300K, with an average loan size of $163K.
Do I need a business valuation for a Barksdale FCU SBA loan?
Yes, Barksdale 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 Barksdale FCU compare to other SBA lenders?
Barksdale FCU has originated 40 SBA loans totaling $6.5M 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 Barksdale FCU lend in?
Barksdale FCU provides SBA 7(a) financing with particularly strong presence in LA. 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.
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