Ventura County CU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Ventura County CU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 7 | $2.9M | $420K | 14.3% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 5 | $1.3M | $267K | 10.2% |
| 561431 | Private Mail Centers | 3 | $420K | $140K | 6.1% |
| 722513 | Limited-Service Restaurants | 3 | $881K | $294K | 6.1% |
| 532490 | Other Commercial and Industrial Machinery and Equipment Rental and Leasing | 2 | $422K | $211K | 4.1% |
| 541370 | Surveying and Mapping (except Geophysical) Services | 2 | $221K | $111K | 4.1% |
| 621310 | Offices of Chiropractors | 2 | $64K | $32K | 4.1% |
| 624410 | Child Care Services | 1 | $240K | $240K | 2.0% |
| 722410 | Drinking Places (Alcoholic Beverages) | 1 | $200K | $200K | 2.0% |
| 334118 | Computer Terminal and Other Computer Peripheral Equipment Manufacturing | 1 | $50K | $50K | 2.0% |
Geographic Distribution
SBA lending activity for Ventura County CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 47 | $12.1M | 95.9% |
| South Carolina (SC) | 2 | $80K | 4.1% |
Why Choose Ventura County CU?
Based on SBA 7(a) lending track record from 2013-2021
- ✓Proven Track Record: 49 SBA loans approved, totaling $12.2M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Snack and Nonalcoholic Beverage Bars, Private Mail Centers
- ✓Competitive Terms: Average interest rate of 6.57% with flexible term lengths averaging 104 months
- ✓Loan Range: Loan sizes from $10K to $1.3M, with an average of $248K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in CA, SC
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 Ventura County CU SBA lending
What types of businesses does Ventura County CU typically finance?
Ventura County CU specializes in SBA 7(a) lending to specific industries including full-service restaurants, snack and nonalcoholic beverage bars, private mail centers, limited-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Ventura County CU's typical SBA loan terms?
Ventura County CU's SBA 7(a) loans typically feature an average interest rate of 6.57% and average term length of 104 months (approximately 9 years). Loan sizes range from $10K to $1.3M, with an average loan size of $248K.
Do I need a business valuation for a Ventura County CU SBA loan?
Yes, Ventura County 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 Ventura County CU compare to other SBA lenders?
Ventura County CU has originated 49 SBA loans totaling $12.2M 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 Ventura County CU lend in?
Ventura County CU provides SBA 7(a) financing with particularly strong presence in CA, SC. 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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