FourLeaf Federal Credit Union
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by FourLeaf Federal Credit Union · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 812990 | All Other Personal Services | 1 | $224K | $224K | 16.7% |
| 238190 | Other Foundation, Structure, and Building Exterior Contractors | 1 | $50K | $50K | 16.7% |
| 541810 | Advertising Agencies | 1 | $150K | $150K | 16.7% |
| 812332 | Industrial Launderers | 1 | $600K | $600K | 16.7% |
| 541310 | Architectural Services | 1 | $25K | $25K | 16.7% |
Geographic Distribution
SBA lending activity for FourLeaf Federal Credit Union by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New York (NY) | 5 | $1.3M | 83.3% |
| New Jersey (NJ) | 1 | $600K | 16.7% |
Why Choose FourLeaf Federal Credit Union?
Based on SBA 7(a) lending track record from 2013-2015
- ✓Proven Track Record: 6 SBA loans approved, totaling $1.9M in financing
- ✓Industry Expertise: Specialized focus on All Other Personal Services, Other Foundation, Structure, and Building Exterior Contractors, Advertising Agencies
- ✓Competitive Terms: Average interest rate of 6.68% with flexible term lengths averaging 97 months
- ✓Loan Range: Loan sizes from $25K to $850K, with an average of $317K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in NY, NJ
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 FourLeaf Federal Credit Union SBA lending
What types of businesses does FourLeaf Federal Credit Union typically finance?
FourLeaf Federal Credit Union specializes in SBA 7(a) lending to specific industries including all other personal services, other foundation, structure, and building exterior contractors, advertising agencies, industrial launderers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are FourLeaf Federal Credit Union's typical SBA loan terms?
FourLeaf Federal Credit Union's SBA 7(a) loans typically feature an average interest rate of 6.68% and average term length of 97 months (approximately 8 years). Loan sizes range from $25K to $850K, with an average loan size of $317K.
Do I need a business valuation for a FourLeaf Federal Credit Union SBA loan?
Yes, FourLeaf 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 FourLeaf Federal Credit Union compare to other SBA lenders?
FourLeaf Federal Credit Union has originated 6 SBA loans totaling $1.9M since 2013. 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 FourLeaf Federal Credit Union lend in?
FourLeaf Federal Credit Union provides SBA 7(a) financing with particularly strong presence in NY, NJ. 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.