Sharon & Crescent United CU
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by Sharon & Crescent United CU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 812910 | Pet Care (except Veterinary) Services | 16 | $1.2M | $74K | 100.0% |
Geographic Distribution
SBA lending activity for Sharon & Crescent United CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Massachusetts (MA) | 16 | $1.2M | 100.0% |
Why Choose Sharon & Crescent United CU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 16 SBA loans approved, totaling $1.2M in financing
- ✓Industry Expertise: Specialized focus on Pet Care (except Veterinary) Services
- ✓Competitive Terms: Average interest rate of 5.75% with flexible term lengths averaging 90 months
- ✓Loan Range: Loan sizes from $44K to $104K, with an average of $74K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in 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 Sharon & Crescent United CU SBA lending
What types of businesses does Sharon & Crescent United CU typically finance?
Sharon & Crescent United CU specializes in SBA 7(a) lending to specific industries including pet care (except veterinary) services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Sharon & Crescent United CU's typical SBA loan terms?
Sharon & Crescent United CU's SBA 7(a) loans typically feature an average interest rate of 5.75% and average term length of 90 months (approximately 8 years). Loan sizes range from $44K to $104K, with an average loan size of $74K.
Do I need a business valuation for a Sharon & Crescent United CU SBA loan?
Yes, Sharon & Crescent United 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 Sharon & Crescent United CU compare to other SBA lenders?
Sharon & Crescent United CU has originated 16 SBA loans totaling $1.2M 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 Sharon & Crescent United CU lend in?
Sharon & Crescent United CU provides SBA 7(a) financing with particularly strong presence in 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.
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