Cedar Falls Community CU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Cedar Falls Community CU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 524126 | Direct Property and Casualty Insurance Carriers | 1 | $80K | $80K | 100.0% |
Geographic Distribution
SBA lending activity for Cedar Falls Community CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Iowa (IA) | 1 | $80K | 100.0% |
Why Choose Cedar Falls Community CU?
Based on SBA 7(a) lending track record from 2010-2010
- ✓Proven Track Record: 1 SBA loans approved, totaling $80K in financing
- ✓Industry Expertise: Specialized focus on Direct Property and Casualty Insurance Carriers
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 84 months
- ✓Loan Range: Loan sizes from $80K to $80K, with an average of $80K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in IA
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 Cedar Falls Community CU SBA lending
What types of businesses does Cedar Falls Community CU typically finance?
Cedar Falls Community CU specializes in SBA 7(a) lending to specific industries including direct property and casualty insurance carriers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Cedar Falls Community CU's typical SBA loan terms?
Cedar Falls Community CU's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 84 months (approximately 7 years). Loan sizes range from $80K to $80K, with an average loan size of $80K.
Do I need a business valuation for a Cedar Falls Community CU SBA loan?
Yes, Cedar Falls 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 Cedar Falls Community CU compare to other SBA lenders?
Cedar Falls Community CU has originated 1 SBA loans totaling $80K since 2010. 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 Cedar Falls Community CU lend in?
Cedar Falls Community CU provides SBA 7(a) financing with particularly strong presence in IA. 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.
Get your certified valuation from Fair Market Value.