Desert Rivers FCU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Desert Rivers FCU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 8 | $2.6M | $329K | 20.0% |
| 721199 | All Other Traveler Accommodation | 8 | $3.8M | $475K | 20.0% |
| 611512 | Flight Training | 8 | $1.1M | $135K | 20.0% |
| 531130 | Lessors of Miniwarehouses and Self-Storage Units | 8 | $2.4M | $299K | 20.0% |
| 713990 | All Other Amusement and Recreation Industries | 8 | $1.2M | $150K | 20.0% |
Geographic Distribution
SBA lending activity for Desert Rivers FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Utah (UT) | 40 | $11.1M | 100.0% |
Why Choose Desert Rivers FCU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 40 SBA loans approved, totaling $11.1M in financing
- ✓Industry Expertise: Specialized focus on Automotive Body, Paint, and Interior Repair and Maintenance, All Other Traveler Accommodation, Flight Training
- ✓Competitive Terms: Average interest rate of 5.70% with flexible term lengths averaging 221 months
- ✓Loan Range: Loan sizes from $135K to $475K, with an average of $278K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in UT
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 Rivers FCU SBA lending
What types of businesses does Desert Rivers FCU typically finance?
Desert Rivers FCU specializes in SBA 7(a) lending to specific industries including automotive body, paint, and interior repair and maintenance, all other traveler accommodation, flight training, lessors of miniwarehouses and self-storage units. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Desert Rivers FCU's typical SBA loan terms?
Desert Rivers FCU's SBA 7(a) loans typically feature an average interest rate of 5.70% and average term length of 221 months (approximately 18 years). Loan sizes range from $135K to $475K, with an average loan size of $278K.
Do I need a business valuation for a Desert Rivers FCU SBA loan?
Yes, Desert Rivers 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 Desert Rivers FCU compare to other SBA lenders?
Desert Rivers FCU has originated 40 SBA loans totaling $11.1M 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 Desert Rivers FCU lend in?
Desert Rivers FCU provides SBA 7(a) financing with particularly strong presence in UT. 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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