Navigant CU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Navigant CU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 80 | $23.3M | $291K | 16.1% |
| 722511 | Full-Service Restaurants | 56 | $16.2M | $289K | 11.3% |
| 238990 | All Other Specialty Trade Contractors | 24 | $3.1M | $130K | 4.8% |
| 236115 | New Single-Family Housing Construction (except Operative Builders) | 24 | $6.5M | $272K | 4.8% |
| 621340 | Offices of Physical, Occupational and Speech Therapists, and Audiologi | 24 | $3.0M | $125K | 4.8% |
| 445310 | Beer, Wine, and Liquor Stores | 24 | $13.6M | $567K | 4.8% |
| 311812 | Commercial Bakeries | 16 | $2.9M | $180K | 3.2% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 16 | $2.9M | $183K | 3.2% |
| 311811 | Retail Bakeries | 16 | $3.0M | $189K | 3.2% |
| 713940 | Fitness and Recreational Sports Centers | 16 | $4.2M | $263K | 3.2% |
Geographic Distribution
SBA lending activity for Navigant CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Rhode Island (RI) | 456 | $104.3M | 91.9% |
| Massachusetts (MA) | 40 | $16.1M | 8.1% |
Why Choose Navigant CU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 496 SBA loans approved, totaling $120.5M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Full-Service Restaurants, All Other Specialty Trade Contractors
- ✓Competitive Terms: Average interest rate of 7.36% with flexible term lengths averaging 112 months
- ✓Loan Range: Loan sizes from $15K to $1.4M, with an average of $243K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in RI, MA
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 Navigant CU SBA lending
What types of businesses does Navigant CU typically finance?
Navigant CU specializes in SBA 7(a) lending to specific industries including limited-service restaurants, full-service restaurants, all other specialty trade contractors, new single-family housing construction (except operative builders). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Navigant CU's typical SBA loan terms?
Navigant CU's SBA 7(a) loans typically feature an average interest rate of 7.36% and average term length of 112 months (approximately 9 years). Loan sizes range from $15K to $1.4M, with an average loan size of $243K.
Do I need a business valuation for a Navigant CU SBA loan?
Yes, Navigant 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 Navigant CU compare to other SBA lenders?
Navigant CU has originated 496 SBA loans totaling $120.5M 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 Navigant CU lend in?
Navigant CU provides SBA 7(a) financing with particularly strong presence in RI, MA. 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.