Reliant Community FCU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Reliant Community FCU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 444140 | Other | 16 | $2.7M | $168K | 14.3% |
| 722330 | Mobile Food Services | 8 | $400K | $50K | 7.1% |
| 453998 | All Other Miscellaneous Store Retailers (except Tobacco Stores) | 8 | $1.4M | $180K | 7.1% |
| 488410 | Motor Vehicle Towing | 8 | $1.4M | $180K | 7.1% |
| 531190 | Lessors of Other Real Estate Property | 8 | $1.2M | $150K | 7.1% |
| 561730 | Landscaping Services | 8 | $720K | $90K | 7.1% |
| 332710 | Machine Shops | 8 | $1.6M | $200K | 7.1% |
| 444220 | Nursery and Garden Centers | 8 | $640K | $80K | 7.1% |
| 561740 | Carpet and Upholstery Cleaning Services | 8 | $1.8M | $225K | 7.1% |
| 531390 | Other Activities Related to Real Estate | 8 | $1.4M | $169K | 7.1% |
Geographic Distribution
SBA lending activity for Reliant Community FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New York (NY) | 112 | $16.3M | 100.0% |
Why Choose Reliant Community FCU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 112 SBA loans approved, totaling $16.3M in financing
- ✓Industry Expertise: Specialized focus on Other, Mobile Food Services, All Other Miscellaneous Store Retailers (except Tobacco Stores)
- ✓Competitive Terms: Average interest rate of 6.60% with flexible term lengths averaging 192 months
- ✓Loan Range: Loan sizes from $50K to $270K, with an average of $145K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in NY
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 Reliant Community FCU SBA lending
What types of businesses does Reliant Community FCU typically finance?
Reliant Community FCU specializes in SBA 7(a) lending to specific industries including other, mobile food services, all other miscellaneous store retailers (except tobacco stores), motor vehicle towing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Reliant Community FCU's typical SBA loan terms?
Reliant Community FCU's SBA 7(a) loans typically feature an average interest rate of 6.60% and average term length of 192 months (approximately 16 years). Loan sizes range from $50K to $270K, with an average loan size of $145K.
Do I need a business valuation for a Reliant Community FCU SBA loan?
Yes, Reliant Community 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 Reliant Community FCU compare to other SBA lenders?
Reliant Community FCU has originated 112 SBA loans totaling $16.3M 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 Reliant Community FCU lend in?
Reliant Community FCU provides SBA 7(a) financing with particularly strong presence in NY. 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.