Langley FCU
SBA 7(a) Lending Profile · FY 2025 analysis
Industry Focus
Top industries served by Langley FCU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811111 | General Automotive Repair | 8 | $1.4M | $180K | 14.3% |
| 812199 | Other Personal Care Services | 8 | $800K | $100K | 14.3% |
| 337110 | Wood Kitchen Cabinet and Countertop Manufacturing | 8 | $640K | $80K | 14.3% |
| 238210 | Electrical Contractors | 8 | $1.6M | $197K | 14.3% |
| 621310 | Offices of Chiropractors | 8 | $800K | $100K | 14.3% |
| 325314 | Fertilizer (Mixing Only) Manufacturing | 8 | $2.8M | $350K | 14.3% |
| 541990 | All Other Professional, Scientific, and Technical Services | 8 | $663K | $83K | 14.3% |
Geographic Distribution
SBA lending activity for Langley FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Virginia (VA) | 56 | $8.7M | 100.0% |
Why Choose Langley FCU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 56 SBA loans approved, totaling $8.7M in financing
- ✓Industry Expertise: Specialized focus on General Automotive Repair, Other Personal Care Services, Wood Kitchen Cabinet and Countertop Manufacturing
- ✓Competitive Terms: Average interest rate of 5.37% with flexible term lengths averaging 106 months
- ✓Loan Range: Loan sizes from $80K to $350K, with an average of $156K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in VA
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 Langley FCU SBA lending
What types of businesses does Langley FCU typically finance?
Langley FCU specializes in SBA 7(a) lending to specific industries including general automotive repair, other personal care services, wood kitchen cabinet and countertop manufacturing, electrical contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Langley FCU's typical SBA loan terms?
Langley FCU's SBA 7(a) loans typically feature an average interest rate of 5.37% and average term length of 106 months (approximately 9 years). Loan sizes range from $80K to $350K, with an average loan size of $156K.
Do I need a business valuation for a Langley FCU SBA loan?
Yes, Langley 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 Langley FCU compare to other SBA lenders?
Langley FCU has originated 56 SBA loans totaling $8.7M 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 Langley FCU lend in?
Langley FCU provides SBA 7(a) financing with particularly strong presence in VA. 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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