USAlliance FCU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by USAlliance FCU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 812112 | Beauty Salons | 5 | $215K | $43K | 6.8% |
| 624410 | Child Care Services | 4 | $150K | $38K | 5.5% |
| 445110 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 2 | $55K | $28K | 2.7% |
| 722511 | Full-Service Restaurants | 2 | $135K | $68K | 2.7% |
| 722514 | Cafeterias, Grill Buffets, and Buffets | 2 | $64K | $32K | 2.7% |
| 325611 | Soap and Other Detergent Manufacturing | 2 | $84K | $42K | 2.7% |
| 541990 | All Other Professional, Scientific, and Technical Services | 2 | $450K | $225K | 2.7% |
| 812310 | Coin-Operated Laundries and Drycleaners | 2 | $187K | $93K | 2.7% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 2 | $340K | $170K | 2.7% |
| 722330 | Mobile Food Services | 1 | $35K | $35K | 1.4% |
Geographic Distribution
SBA lending activity for USAlliance FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New York (NY) | 69 | $6.7M | 94.5% |
| New Jersey (NJ) | 3 | $275K | 4.1% |
| Connecticut (CT) | 1 | $25K | 1.4% |
Why Choose USAlliance FCU?
Based on SBA 7(a) lending track record from 2000-2014
- ✓Proven Track Record: 73 SBA loans approved, totaling $7.0M in financing
- ✓Industry Expertise: Specialized focus on Beauty Salons, Child Care Services, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
- ✓Competitive Terms: Average interest rate of 5.89% with flexible term lengths averaging 73 months
- ✓Loan Range: Loan sizes from $10K to $1.0M, with an average of $97K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in NY, NJ, CT
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 USAlliance FCU SBA lending
What types of businesses does USAlliance FCU typically finance?
USAlliance FCU specializes in SBA 7(a) lending to specific industries including beauty salons, child care services, supermarkets and other grocery retailers (except convenience retailers), full-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are USAlliance FCU's typical SBA loan terms?
USAlliance FCU's SBA 7(a) loans typically feature an average interest rate of 5.89% and average term length of 73 months (approximately 6 years). Loan sizes range from $10K to $1.0M, with an average loan size of $97K.
Do I need a business valuation for a USAlliance FCU SBA loan?
Yes, USAlliance 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 USAlliance FCU compare to other SBA lenders?
USAlliance FCU has originated 73 SBA loans totaling $7.0M since 2000. 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 USAlliance FCU lend in?
USAlliance FCU provides SBA 7(a) financing with particularly strong presence in NY, NJ, CT. 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.