Raiz Federal Credit Union
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Raiz Federal Credit Union · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621420 | Outpatient Mental Health and Substance Abuse Centers | 1 | $125K | $125K | 100.0% |
Geographic Distribution
SBA lending activity for Raiz Federal Credit Union by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 1 | $125K | 100.0% |
Why Choose Raiz Federal Credit Union?
Based on SBA 7(a) lending track record from 2013-2013
- ✓Proven Track Record: 1 SBA loans approved, totaling $125K in financing
- ✓Industry Expertise: Specialized focus on Outpatient Mental Health and Substance Abuse Centers
- ✓Competitive Terms: Average interest rate of 5.90% with flexible term lengths averaging 84 months
- ✓Loan Range: Loan sizes from $125K to $125K, with an average of $125K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in TX
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 Raiz Federal Credit Union SBA lending
What types of businesses does Raiz Federal Credit Union typically finance?
Raiz Federal Credit Union specializes in SBA 7(a) lending to specific industries including outpatient mental health and substance abuse centers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Raiz Federal Credit Union's typical SBA loan terms?
Raiz Federal Credit Union's SBA 7(a) loans typically feature an average interest rate of 5.90% and average term length of 84 months (approximately 7 years). Loan sizes range from $125K to $125K, with an average loan size of $125K.
Do I need a business valuation for a Raiz Federal Credit Union SBA loan?
Yes, Raiz 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 Raiz Federal Credit Union compare to other SBA lenders?
Raiz Federal Credit Union has originated 1 SBA loans totaling $125K since 2013. 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 Raiz Federal Credit Union lend in?
Raiz Federal Credit Union provides SBA 7(a) financing with particularly strong presence in TX. 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.