GTE FCU d/b/a GTE Financial
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by GTE FCU d/b/a GTE Financial
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 812199 | Other Personal Care Services | 16 | $7.0M | $435K | 20.0% |
| 456191 | Other | 8 | $800K | $100K | 10.0% |
| 238210 | Electrical Contractors | 8 | $800K | $100K | 10.0% |
| 424990 | Other Miscellaneous Nondurable Goods Merchant Wholesalers | 8 | $3.5M | $438K | 10.0% |
| 621340 | Offices of Physical, Occupational and Speech Therapists, and Audiologi | 8 | $640K | $80K | 10.0% |
| 238990 | All Other Specialty Trade Contractors | 8 | $640K | $80K | 10.0% |
| 541511 | Custom Computer Programming Services | 8 | $560K | $70K | 10.0% |
| 812111 | Barber Shops | 8 | $600K | $75K | 10.0% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 8 | $7.9M | $989K | 10.0% |
Geographic Distribution
SBA lending activity for GTE FCU d/b/a GTE Financial by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Florida (FL) | 80 | $22.4M | 100.0% |
Why Choose GTE FCU d/b/a GTE Financial?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 80 SBA loans approved, totaling $22.4M in financing
- ✓Industry Expertise: Specialized focus on Other Personal Care Services, Other, Electrical Contractors
- ✓Competitive Terms: Average interest rate of 9.80% with flexible term lengths averaging 156 months
- ✓Loan Range: Loan sizes from $70K to $989K, with an average of $280K
- ✓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 GTE FCU d/b/a GTE Financial SBA lending
What types of businesses does GTE FCU d/b/a GTE Financial typically finance?
GTE FCU d/b/a GTE Financial specializes in SBA 7(a) lending to specific industries including other personal care services, other, electrical contractors, other miscellaneous nondurable goods merchant wholesalers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are GTE FCU d/b/a GTE Financial's typical SBA loan terms?
GTE FCU d/b/a GTE Financial's SBA 7(a) loans typically feature an average interest rate of 9.80% and average term length of 156 months (approximately 13 years). Loan sizes range from $70K to $989K, with an average loan size of $280K.
Do I need a business valuation for a GTE FCU d/b/a GTE Financial SBA loan?
Yes, GTE FCU d/b/a GTE Financial 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 GTE FCU d/b/a GTE Financial compare to other SBA lenders?
GTE FCU d/b/a GTE Financial has originated 80 SBA loans totaling $22.4M 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 GTE FCU d/b/a GTE Financial lend in?
GTE FCU d/b/a GTE Financial 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.
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