Educators Credit Union
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Educators Credit Union
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 16 | $760K | $48K | 16.7% |
| 624410 | Child Day Care Services | 16 | $9.7M | $608K | 16.7% |
| 484220 | Specialized Freight (except Used Goods) Trucking, Local | 8 | $24.0M | $3.0M | 8.3% |
| 812990 | All Other Personal Services | 8 | $480K | $60K | 8.3% |
| 238990 | All Other Specialty Trade Contractors | 8 | $244K | $31K | 8.3% |
| 561621 | Security Systems Services (except Locksmiths) | 8 | $1.9M | $233K | 8.3% |
| 238910 | Site Preparation Contractors | 8 | $864K | $108K | 8.3% |
| 326112 | Unsupported Plastics Packaging Film and Sheet Manufacturing | 8 | $1.2M | $150K | 8.3% |
| 423990 | Other Miscellaneous Durable Goods Merchant Wholesalers | 8 | $1.2M | $150K | 8.3% |
| 541613 | Marketing Consulting Services | 8 | $1.2M | $150K | 8.3% |
Geographic Distribution
SBA lending activity for Educators Credit Union by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Wisconsin (WI) | 88 | $40.4M | 91.7% |
| Illinois (IL) | 8 | $1.2M | 8.3% |
Why Choose Educators Credit Union?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 96 SBA loans approved, totaling $41.6M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Child Day Care Services, Specialized Freight (except Used Goods) Trucking, Local
- ✓Competitive Terms: Average interest rate of 7.03% with flexible term lengths averaging 153 months
- ✓Loan Range: Loan sizes from $31K to $3.0M, with an average of $433K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in WI, IL
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 Educators Credit Union SBA lending
What types of businesses does Educators Credit Union typically finance?
Educators Credit Union specializes in SBA 7(a) lending to specific industries including limited-service restaurants, child day care services, specialized freight (except used goods) trucking, local, all other personal services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Educators Credit Union's typical SBA loan terms?
Educators Credit Union's SBA 7(a) loans typically feature an average interest rate of 7.03% and average term length of 153 months (approximately 13 years). Loan sizes range from $31K to $3.0M, with an average loan size of $433K.
Do I need a business valuation for a Educators Credit Union SBA loan?
Yes, Educators 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 Educators Credit Union compare to other SBA lenders?
Educators Credit Union has originated 96 SBA loans totaling $41.6M 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 Educators Credit Union lend in?
Educators Credit Union provides SBA 7(a) financing with particularly strong presence in WI, IL. 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.
Get your certified valuation from Fair Market Value.