SouthWest Community FCU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by SouthWest Community FCU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 238110 | Poured Concrete Foundation and Structure Contractors | 2 | $124K | $62K | 40.0% |
| 423830 | Industrial Machinery and Equipment Merchant Wholesalers | 1 | $50K | $50K | 20.0% |
| 541410 | Interior Design Services | 1 | $82K | $82K | 20.0% |
| 561990 | All Other Support Services | 1 | $20K | $20K | 20.0% |
Geographic Distribution
SBA lending activity for SouthWest Community FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Utah (UT) | 5 | $276K | 100.0% |
Why Choose SouthWest Community FCU?
Based on SBA 7(a) lending track record from 2007-2008
- ✓Proven Track Record: 5 SBA loans approved, totaling $276K in financing
- ✓Industry Expertise: Specialized focus on Poured Concrete Foundation and Structure Contractors, Industrial Machinery and Equipment Merchant Wholesalers, Interior Design Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 60 months
- ✓Loan Range: Loan sizes from $20K to $94K, with an average of $55K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in UT
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 SouthWest Community FCU SBA lending
What types of businesses does SouthWest Community FCU typically finance?
SouthWest Community FCU specializes in SBA 7(a) lending to specific industries including poured concrete foundation and structure contractors, industrial machinery and equipment merchant wholesalers, interior design services, all other support services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are SouthWest Community FCU's typical SBA loan terms?
SouthWest Community FCU's SBA 7(a) loans typically feature an average interest rate of — and average term length of 60 months (approximately 5 years). Loan sizes range from $20K to $94K, with an average loan size of $55K.
Do I need a business valuation for a SouthWest Community FCU SBA loan?
Yes, SouthWest 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 SouthWest Community FCU compare to other SBA lenders?
SouthWest Community FCU has originated 5 SBA loans totaling $276K since 2007. 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 SouthWest Community FCU lend in?
SouthWest Community FCU provides SBA 7(a) financing with particularly strong presence in UT. 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.