North Country Federal Credit Union
SBA 7(a) Lending Profile · FY 2025 analysis
Industry Focus
Top industries served by North Country Federal Credit Union
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 484110 | General Freight Trucking, Local | 72 | $5.8M | $81K | 22.0% |
| 561730 | Landscaping Services | 64 | $3.5M | $54K | 19.5% |
| 488410 | Motor Vehicle Towing | 16 | $959K | $60K | 4.9% |
| 561720 | Janitorial Services | 16 | $240K | $15K | 4.9% |
| 237310 | Highway, Street, and Bridge Construction | 16 | $504K | $32K | 4.9% |
| 811111 | General Automotive Repair | 16 | $600K | $38K | 4.9% |
| 522320 | Financial Transactions Processing, Reserve, and Clearinghouse Activiti | 8 | $102K | $13K | 2.4% |
| 722330 | Mobile Food Services | 8 | $414K | $52K | 2.4% |
| 312120 | Breweries | 8 | $2.6M | $325K | 2.4% |
| 812112 | Beauty Salons | 8 | $224K | $28K | 2.4% |
Geographic Distribution
SBA lending activity for North Country Federal Credit Union by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Vermont (VT) | 328 | $20.6M | 100.0% |
Why Choose North Country Federal Credit Union?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 328 SBA loans approved, totaling $20.6M in financing
- ✓Industry Expertise: Specialized focus on General Freight Trucking, Local, Landscaping Services, Motor Vehicle Towing
- ✓Competitive Terms: Average interest rate of 7.45% with flexible term lengths averaging 59 months
- ✓Loan Range: Loan sizes from $10K to $325K, with an average of $63K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in VT
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 North Country Federal Credit Union SBA lending
What types of businesses does North Country Federal Credit Union typically finance?
North Country Federal Credit Union specializes in SBA 7(a) lending to specific industries including general freight trucking, local, landscaping services, motor vehicle towing, janitorial services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are North Country Federal Credit Union's typical SBA loan terms?
North Country Federal Credit Union's SBA 7(a) loans typically feature an average interest rate of 7.45% and average term length of 59 months (approximately 5 years). Loan sizes range from $10K to $325K, with an average loan size of $63K.
Do I need a business valuation for a North Country Federal Credit Union SBA loan?
Yes, North Country Federal Credit Union 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 North Country Federal Credit Union compare to other SBA lenders?
North Country Federal Credit Union has originated 328 SBA loans totaling $20.6M 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 North Country Federal Credit Union lend in?
North Country Federal Credit Union provides SBA 7(a) financing with particularly strong presence in VT. 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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