iTHINK Financial CU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by iTHINK Financial CU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 88 | $45.8M | $520K | 7.7% |
| 721191 | Bed-and-Breakfast Inns | 64 | $54.5M | $852K | 5.6% |
| 492110 | Couriers | 48 | $44.3M | $923K | 4.2% |
| 624410 | Child Day Care Services | 32 | $8.0M | $252K | 2.8% |
| 812990 | All Other Personal Services | 32 | $20.9M | $653K | 2.8% |
| 722513 | Limited-Service Restaurants | 32 | $23.2M | $725K | 2.8% |
| 713940 | Fitness and Recreational Sports Centers | 24 | $2.2M | $90K | 2.1% |
| 541620 | Environmental Consulting Services | 24 | $36.2M | $1.5M | 2.1% |
| 621112 | Offices of Physicians, Mental Health Specialists | 24 | $6.2M | $259K | 2.1% |
| 811111 | General Automotive Repair | 24 | $16.6M | $692K | 2.1% |
Geographic Distribution
SBA lending activity for iTHINK Financial CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Florida (FL) | 952 | $655.3M | 83.8% |
| Georgia (GA) | 128 | $35.7M | 11.3% |
| Alabama (AL) | 16 | $21.8M | 1.4% |
| Nevada (NV) | 16 | $15.0M | 1.4% |
| North Carolina (NC) | 16 | $6.7M | 1.4% |
| South Carolina (SC) | 8 | $3.9M | 0.7% |
Why Choose iTHINK Financial CU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 1,136 SBA loans approved, totaling $738.3M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Bed-and-Breakfast Inns, Couriers
- ✓Competitive Terms: Average interest rate of 8.54% with flexible term lengths averaging 198 months
- ✓Loan Range: Loan sizes from $50K to $3.7M, with an average of $650K
- ✓Nationwide Reach: Active lending in 6 states, with strong presence in FL, GA, NV
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 iTHINK Financial CU SBA lending
What types of businesses does iTHINK Financial CU typically finance?
iTHINK Financial CU specializes in SBA 7(a) lending to specific industries including full-service restaurants, bed-and-breakfast inns, couriers, child day care services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are iTHINK Financial CU's typical SBA loan terms?
iTHINK Financial CU's SBA 7(a) loans typically feature an average interest rate of 8.54% and average term length of 198 months (approximately 17 years). Loan sizes range from $50K to $3.7M, with an average loan size of $650K.
Do I need a business valuation for a iTHINK Financial CU SBA loan?
Yes, iTHINK Financial 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 iTHINK Financial CU compare to other SBA lenders?
iTHINK Financial CU has originated 1,136 SBA loans totaling $738.3M 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 iTHINK Financial CU lend in?
iTHINK Financial CU provides SBA 7(a) financing with particularly strong presence in FL, GA, NV, NC, AL. 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.
Get your certified valuation from Fair Market Value.