Generations Community Federal Credit Union
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Generations Community Federal Credit Union · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 713990 | All Other Amusement and Recreation Industries | 1 | $355K | $355K | 20.0% |
| 441120 | Used Car Dealers | 1 | $50K | $50K | 20.0% |
| 484110 | General Freight Trucking, Local | 1 | $20K | $20K | 20.0% |
Geographic Distribution
SBA lending activity for Generations Community Federal Credit Union by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 5 | $568K | 100.0% |
Why Choose Generations Community Federal Credit Union?
Based on SBA 7(a) lending track record from 2012-2017
- ✓Proven Track Record: 5 SBA loans approved, totaling $568K in financing
- ✓Industry Expertise: Specialized focus on All Other Amusement and Recreation Industries, Used Car Dealers, General Freight Trucking, Local
- ✓Competitive Terms: Average interest rate of 7.70% with flexible term lengths averaging 72 months
- ✓Loan Range: Loan sizes from $20K to $355K, with an average of $114K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in TX
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 Generations Community Federal Credit Union SBA lending
What types of businesses does Generations Community Federal Credit Union typically finance?
Generations Community Federal Credit Union specializes in SBA 7(a) lending to specific industries including all other amusement and recreation industries, used car dealers, general freight trucking, local. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Generations Community Federal Credit Union's typical SBA loan terms?
Generations Community Federal Credit Union's SBA 7(a) loans typically feature an average interest rate of 7.70% and average term length of 72 months (approximately 6 years). Loan sizes range from $20K to $355K, with an average loan size of $114K.
Do I need a business valuation for a Generations Community Federal Credit Union SBA loan?
Yes, Generations Community 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 Generations Community Federal Credit Union compare to other SBA lenders?
Generations Community Federal Credit Union has originated 5 SBA loans totaling $568K since 2012. 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 Generations Community Federal Credit Union lend in?
Generations Community Federal Credit Union provides SBA 7(a) financing with particularly strong presence in TX. 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.