TexasOne Community CU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by TexasOne Community CU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811310 | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | 2 | $50K | $25K | 14.3% |
| 812112 | Beauty Salons | 1 | $56K | $56K | 7.1% |
| 423610 | Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers | 1 | $20K | $20K | 7.1% |
| 611511 | Cosmetology and Barber Schools | 1 | $70K | $70K | 7.1% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 1 | $50K | $50K | 7.1% |
| 236220 | Commercial and Institutional Building Construction | 1 | $35K | $35K | 7.1% |
| 721191 | Bed-and-Breakfast Inns | 1 | $208K | $208K | 7.1% |
| 713940 | Fitness and Recreational Sports Centers | 1 | $15K | $15K | 7.1% |
| 621310 | Offices of Chiropractors | 1 | $50K | $50K | 7.1% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 1 | $65K | $65K | 7.1% |
Geographic Distribution
SBA lending activity for TexasOne Community CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 14 | $838K | 100.0% |
Why Choose TexasOne Community CU?
Based on SBA 7(a) lending track record from 2007-2009
- ✓Proven Track Record: 14 SBA loans approved, totaling $838K in financing
- ✓Industry Expertise: Specialized focus on Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Beauty Salons, Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers
- ✓Competitive Terms: Average interest rate of 7.25% with flexible term lengths averaging 59 months
- ✓Loan Range: Loan sizes from $15K to $208K, with an average of $60K
- ✓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 TexasOne Community CU SBA lending
What types of businesses does TexasOne Community CU typically finance?
TexasOne Community CU specializes in SBA 7(a) lending to specific industries including commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance, beauty salons, electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers, cosmetology and barber schools. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are TexasOne Community CU's typical SBA loan terms?
TexasOne Community CU's SBA 7(a) loans typically feature an average interest rate of 7.25% and average term length of 59 months (approximately 5 years). Loan sizes range from $15K to $208K, with an average loan size of $60K.
Do I need a business valuation for a TexasOne Community CU SBA loan?
Yes, TexasOne Community 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 TexasOne Community CU compare to other SBA lenders?
TexasOne Community CU has originated 14 SBA loans totaling $838K 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 TexasOne Community CU lend in?
TexasOne Community CU 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.
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