InTouch CU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by InTouch CU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 2 | $565K | $283K | 33.3% |
| 561740 | Carpet and Upholstery Cleaning Services | 1 | $100K | $100K | 16.7% |
| 812910 | Pet Care (except Veterinary) Services | 1 | $135K | $135K | 16.7% |
| 722511 | Full-Service Restaurants | 1 | $720K | $720K | 16.7% |
Geographic Distribution
SBA lending activity for InTouch CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 6 | $1.6M | 100.0% |
Why Choose InTouch CU?
Based on SBA 7(a) lending track record from 2014-2019
- ✓Proven Track Record: 6 SBA loans approved, totaling $1.6M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Carpet and Upholstery Cleaning Services, Pet Care (except Veterinary) Services
- ✓Competitive Terms: Average interest rate of 7.14% with flexible term lengths averaging 90 months
- ✓Loan Range: Loan sizes from $70K to $720K, with an average of $265K
- ✓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 InTouch CU SBA lending
What types of businesses does InTouch CU typically finance?
InTouch CU specializes in SBA 7(a) lending to specific industries including limited-service restaurants, carpet and upholstery cleaning services, pet care (except veterinary) services, full-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are InTouch CU's typical SBA loan terms?
InTouch CU's SBA 7(a) loans typically feature an average interest rate of 7.14% and average term length of 90 months (approximately 8 years). Loan sizes range from $70K to $720K, with an average loan size of $265K.
Do I need a business valuation for a InTouch CU SBA loan?
Yes, InTouch 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 InTouch CU compare to other SBA lenders?
InTouch CU has originated 6 SBA loans totaling $1.6M since 2014. 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 InTouch CU lend in?
InTouch CU 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.