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Hawaii Community FCU

SBA 7(a) Lending Profile · All Time analysis

Loans: 58Volume: $2.0MAvg Loan: $34KAvg Rate: 6.45%Avg Term: 79 monthsJobs: 393

Geographic Distribution

SBA lending activity for Hawaii Community FCU by state

StateLoansVolumeShare
Hawaii (HI)58$2.0M100.0%
Loan Volume
$2.0M
$2.0M

Why Choose Hawaii Community FCU?

Based on SBA 7(a) lending track record from 2007-2019

  • Proven Track Record: 58 SBA loans approved, totaling $2.0M in financing
  • Industry Expertise: Specialized focus on New Single-Family Housing Construction (except For-Sale Builders), Electrical Contractors and Other Wiring Installation Contractors, Architectural Services
  • Competitive Terms: Average interest rate of 6.45% with flexible term lengths averaging 79 months
  • Loan Range: Loan sizes from $5K to $50K, with an average of $34K
  • Nationwide Reach: Active lending in 1 states, with strong presence in HI

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 Hawaii Community FCU SBA lending

What types of businesses does Hawaii Community FCU typically finance?

Hawaii Community FCU specializes in SBA 7(a) lending to specific industries including new single-family housing construction (except for-sale builders), electrical contractors and other wiring installation contractors, architectural services, plumbing, heating, and air-conditioning contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.

What are Hawaii Community FCU's typical SBA loan terms?

Hawaii Community FCU's SBA 7(a) loans typically feature an average interest rate of 6.45% and average term length of 79 months (approximately 7 years). Loan sizes range from $5K to $50K, with an average loan size of $34K.

Do I need a business valuation for a Hawaii Community FCU SBA loan?

Yes, Hawaii Community FCU 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 Hawaii Community FCU compare to other SBA lenders?

Hawaii Community FCU has originated 58 SBA loans totaling $2.0M since 2007. 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 Hawaii Community FCU lend in?

Hawaii Community FCU provides SBA 7(a) financing with particularly strong presence in HI. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.

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