PrimeTrust Financial FCU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by PrimeTrust Financial FCU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 237310 | Highway, Street, and Bridge Construction | 2 | $265K | $133K | 22.2% |
| 325991 | Custom Compounding of Purchased Resins | 1 | $372K | $372K | 11.1% |
| 441110 | New Car Dealers | 1 | $357K | $357K | 11.1% |
| 312120 | Breweries | 1 | $275K | $275K | 11.1% |
| 541511 | Custom Computer Programming Services | 1 | $1.5M | $1.5M | 11.1% |
| 424990 | Other Miscellaneous Nondurable Goods Merchant Wholesalers | 1 | $150K | $150K | 11.1% |
| 326121 | Unlaminated Plastics Profile Shape Manufacturing | 1 | $1.3M | $1.3M | 11.1% |
Geographic Distribution
SBA lending activity for PrimeTrust Financial FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Indiana (IN) | 9 | $4.3M | 100.0% |
Why Choose PrimeTrust Financial FCU?
Based on SBA 7(a) lending track record from 2011-2016
- ✓Proven Track Record: 9 SBA loans approved, totaling $4.3M in financing
- ✓Industry Expertise: Specialized focus on Highway, Street, and Bridge Construction, Custom Compounding of Purchased Resins, New Car Dealers
- ✓Competitive Terms: Average interest rate of 5.68% with flexible term lengths averaging 106 months
- ✓Loan Range: Loan sizes from $90K to $1.5M, with an average of $476K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in IN
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 PrimeTrust Financial FCU SBA lending
What types of businesses does PrimeTrust Financial FCU typically finance?
PrimeTrust Financial FCU specializes in SBA 7(a) lending to specific industries including highway, street, and bridge construction, custom compounding of purchased resins, new car dealers, breweries. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are PrimeTrust Financial FCU's typical SBA loan terms?
PrimeTrust Financial FCU's SBA 7(a) loans typically feature an average interest rate of 5.68% and average term length of 106 months (approximately 9 years). Loan sizes range from $90K to $1.5M, with an average loan size of $476K.
Do I need a business valuation for a PrimeTrust Financial FCU SBA loan?
Yes, PrimeTrust Financial 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 PrimeTrust Financial FCU compare to other SBA lenders?
PrimeTrust Financial FCU has originated 9 SBA loans totaling $4.3M since 2011. 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 PrimeTrust Financial FCU lend in?
PrimeTrust Financial FCU provides SBA 7(a) financing with particularly strong presence in IN. 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.