Fairwinds CU
SBA 7(a) Lending Profile · FY 2021 analysis
Industry Focus
Top industries served by Fairwinds CU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 561499 | All Other Business Support Services | 8 | $2.3M | $292K | 25.0% |
| 624410 | Child Day Care Services | 8 | $2.8M | $352K | 25.0% |
| 811490 | Other Personal and Household Goods Repair and Maintenance | 8 | $2.5M | $308K | 25.0% |
| 423830 | Industrial Machinery and Equipment Merchant Wholesalers | 8 | $2.8M | $345K | 25.0% |
Geographic Distribution
SBA lending activity for Fairwinds CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Florida (FL) | 32 | $10.4M | 100.0% |
Why Choose Fairwinds CU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 32 SBA loans approved, totaling $10.4M in financing
- ✓Industry Expertise: Specialized focus on All Other Business Support Services, Child Day Care Services, Other Personal and Household Goods Repair and Maintenance
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 210 months
- ✓Loan Range: Loan sizes from $292K to $352K, with an average of $324K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in FL
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 Fairwinds CU SBA lending
What types of businesses does Fairwinds CU typically finance?
Fairwinds CU specializes in SBA 7(a) lending to specific industries including all other business support services, child day care services, other personal and household goods repair and maintenance, industrial machinery and equipment merchant wholesalers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Fairwinds CU's typical SBA loan terms?
Fairwinds CU's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 210 months (approximately 18 years). Loan sizes range from $292K to $352K, with an average loan size of $324K.
Do I need a business valuation for a Fairwinds CU SBA loan?
Yes, Fairwinds 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 Fairwinds CU compare to other SBA lenders?
Fairwinds CU has originated 32 SBA loans totaling $10.4M 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 Fairwinds CU lend in?
Fairwinds CU provides SBA 7(a) financing with particularly strong presence in FL. 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.