TopLine Financial Credit Union
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by TopLine Financial Credit Union · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541850 | Indoor and Outdoor Display Advertising | 1 | $120K | $120K | 100.0% |
Geographic Distribution
SBA lending activity for TopLine Financial Credit Union by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Minnesota (MN) | 1 | $120K | 100.0% |
Why Choose TopLine Financial Credit Union?
Based on SBA 7(a) lending track record from 2013-2013
- ✓Proven Track Record: 1 SBA loans approved, totaling $120K in financing
- ✓Industry Expertise: Specialized focus on Indoor and Outdoor Display Advertising
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 120 months
- ✓Loan Range: Loan sizes from $120K to $120K, with an average of $120K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MN
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 TopLine Financial Credit Union SBA lending
What types of businesses does TopLine Financial Credit Union typically finance?
TopLine Financial Credit Union specializes in SBA 7(a) lending to specific industries including indoor and outdoor display advertising. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are TopLine Financial Credit Union's typical SBA loan terms?
TopLine Financial Credit Union's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 120 months (approximately 10 years). Loan sizes range from $120K to $120K, with an average loan size of $120K.
Do I need a business valuation for a TopLine Financial Credit Union SBA loan?
Yes, TopLine Financial 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 TopLine Financial Credit Union compare to other SBA lenders?
TopLine Financial Credit Union has originated 1 SBA loans totaling $120K 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 TopLine Financial Credit Union lend in?
TopLine Financial Credit Union provides SBA 7(a) financing with particularly strong presence in MN. 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.