Credit Union of Southern California, a Federal Credit Union
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Credit Union of Southern California, a Federal Credit Union · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722515 | Snack and Nonalcoholic Beverage Bars | 2 | $543K | $272K | 14.3% |
| 311111 | Dog and Cat Food Manufacturing | 1 | $623K | $623K | 7.1% |
| 238210 | Electrical Contractors and Other Wiring Installation Contractors | 1 | $464K | $464K | 7.1% |
| 488991 | Packing and Crating | 1 | $157K | $157K | 7.1% |
| 424990 | Other Miscellaneous Nondurable Goods Merchant Wholesalers | 1 | $125K | $125K | 7.1% |
| 611699 | All Other Miscellaneous Schools and Instruction | 1 | $278K | $278K | 7.1% |
| 238340 | Tile and Terrazzo Contractors | 1 | $105K | $105K | 7.1% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 1 | $206K | $206K | 7.1% |
| 561621 | Security Systems Services (except Locksmiths) | 1 | $994K | $994K | 7.1% |
Geographic Distribution
SBA lending activity for Credit Union of Southern California, a Federal Credit Union by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 14 | $4.1M | 100.0% |
Why Choose Credit Union of Southern California, a Federal Credit Union?
Based on SBA 7(a) lending track record from 2006-2014
- ✓Proven Track Record: 14 SBA loans approved, totaling $4.1M in financing
- ✓Industry Expertise: Specialized focus on Snack and Nonalcoholic Beverage Bars, Dog and Cat Food Manufacturing, Electrical Contractors and Other Wiring Installation Contractors
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 121 months
- ✓Loan Range: Loan sizes from $99K to $994K, with an average of $293K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in CA
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 Credit Union of Southern California, a Federal Credit Union SBA lending
What types of businesses does Credit Union of Southern California, a Federal Credit Union typically finance?
Credit Union of Southern California, a Federal Credit Union specializes in SBA 7(a) lending to specific industries including snack and nonalcoholic beverage bars, dog and cat food manufacturing, electrical contractors and other wiring installation contractors, packing and crating. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Credit Union of Southern California, a Federal Credit Union's typical SBA loan terms?
Credit Union of Southern California, a Federal Credit Union's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 121 months (approximately 10 years). Loan sizes range from $99K to $994K, with an average loan size of $293K.
Do I need a business valuation for a Credit Union of Southern California, a Federal Credit Union SBA loan?
Yes, Credit Union of Southern California, a 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 Credit Union of Southern California, a Federal Credit Union compare to other SBA lenders?
Credit Union of Southern California, a Federal Credit Union has originated 14 SBA loans totaling $4.1M since 2006. 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 Credit Union of Southern California, a Federal Credit Union lend in?
Credit Union of Southern California, a Federal Credit Union provides SBA 7(a) financing with particularly strong presence in CA. 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.