Belco Community CU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Belco Community CU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541330 | Engineering Services | 2 | $83K | $42K | 14.3% |
| 812990 | All Other Personal Services | 2 | $250K | $125K | 14.3% |
| 722513 | Limited-Service Restaurants | 1 | $659K | $659K | 7.1% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 1 | $100K | $100K | 7.1% |
| 236220 | Commercial and Institutional Building Construction | 1 | $25K | $25K | 7.1% |
| 484110 | General Freight Trucking, Local | 1 | $37K | $37K | 7.1% |
| 523999 | Miscellaneous Financial Investment Activities | 1 | $25K | $25K | 7.1% |
| 541611 | Administrative Management and General Management Consulting Services | 1 | $75K | $75K | 7.1% |
| 541830 | Media Buying Agencies | 1 | $30K | $30K | 7.1% |
| 236115 | New Single-Family Housing Construction (except For-Sale Builders) | 1 | $20K | $20K | 7.1% |
Geographic Distribution
SBA lending activity for Belco Community CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Pennsylvania (PA) | 14 | $1.4M | 100.0% |
Why Choose Belco Community CU?
Based on SBA 7(a) lending track record from 2009-2017
- ✓Proven Track Record: 14 SBA loans approved, totaling $1.4M in financing
- ✓Industry Expertise: Specialized focus on Engineering Services, All Other Personal Services, Limited-Service Restaurants
- ✓Competitive Terms: Average interest rate of 5.43% with flexible term lengths averaging 71 months
- ✓Loan Range: Loan sizes from $20K to $659K, with an average of $101K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in PA
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 Belco Community CU SBA lending
What types of businesses does Belco Community CU typically finance?
Belco Community CU specializes in SBA 7(a) lending to specific industries including engineering services, all other personal services, limited-service restaurants, offices of physicians (except mental health specialists). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Belco Community CU's typical SBA loan terms?
Belco Community CU's SBA 7(a) loans typically feature an average interest rate of 5.43% and average term length of 71 months (approximately 6 years). Loan sizes range from $20K to $659K, with an average loan size of $101K.
Do I need a business valuation for a Belco Community CU SBA loan?
Yes, Belco Community CU 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 Belco Community CU compare to other SBA lenders?
Belco Community CU has originated 14 SBA loans totaling $1.4M since 2009. 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 Belco Community CU lend in?
Belco Community CU provides SBA 7(a) financing with particularly strong presence in PA. 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?
Certified valuations are often required for SBA loans over $250,000.
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