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Desert Financial Credit Union

SBA 7(a) Lending Profile · All Time analysis

Loans: 11Volume: $1.1MAvg Loan: $99KAvg Rate: Avg Term: 68 monthsJobs: 124

Industry Focus

Top industries served by Desert Financial Credit Union · All Time

Geographic Distribution

SBA lending activity for Desert Financial Credit Union by state

StateLoansVolumeShare
Arizona (AZ)11$1.1M100.0%
Loan Volume
$1.1M
$1.1M

Why Choose Desert Financial Credit Union?

Based on SBA 7(a) lending track record from 2005-2007

  • Proven Track Record: 11 SBA loans approved, totaling $1.1M in financing
  • Industry Expertise: Specialized focus on Landscaping Services, All Other Professional, Scientific, and Technical Services, Other Accounting Services
  • Competitive Terms: Average interest rate of with flexible term lengths averaging 68 months
  • Loan Range: Loan sizes from $20K to $350K, with an average of $99K
  • Nationwide Reach: Active lending in 1 states, with strong presence in AZ

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 Desert Financial Credit Union SBA lending

What types of businesses does Desert Financial Credit Union typically finance?

Desert Financial Credit Union specializes in SBA 7(a) lending to specific industries including landscaping services, all other professional, scientific, and technical services, other accounting services, site preparation contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.

What are Desert Financial Credit Union's typical SBA loan terms?

Desert Financial Credit Union's SBA 7(a) loans typically feature an average interest rate of and average term length of 68 months (approximately 6 years). Loan sizes range from $20K to $350K, with an average loan size of $99K.

Do I need a business valuation for a Desert Financial Credit Union SBA loan?

Yes, Desert Financial 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 Desert Financial Credit Union compare to other SBA lenders?

Desert Financial Credit Union has originated 11 SBA loans totaling $1.1M since 2005. 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 Desert Financial Credit Union lend in?

Desert Financial Credit Union provides SBA 7(a) financing with particularly strong presence in AZ. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.

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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.

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Need a Business Valuation?

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