Vermont FCU
SBA 7(a) Lending Profile · FY 2024 analysis
Industry Focus
Top industries served by Vermont FCU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 424460 | Fish and Seafood Merchant Wholesalers | 24 | $3.9M | $161K | 12.0% |
| 722511 | Full-Service Restaurants | 16 | $3.2M | $200K | 8.0% |
| 448190 | Other Clothing Stores | 16 | $648K | $41K | 8.0% |
| 442299 | All Other Home Furnishings Stores | 16 | $938K | $59K | 8.0% |
| 459110 | Other | 16 | $720K | $45K | 8.0% |
| 722513 | Limited-Service Restaurants | 8 | $1.2M | $144K | 4.0% |
| 449129 | Other | 8 | $800K | $100K | 4.0% |
| 561730 | Landscaping Services | 8 | $226K | $28K | 4.0% |
| 812910 | Pet Care (except Veterinary) Services | 8 | $56K | $7K | 4.0% |
| 812990 | All Other Personal Services | 8 | $200K | $25K | 4.0% |
Geographic Distribution
SBA lending activity for Vermont FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Vermont (VT) | 200 | $20.4M | 100.0% |
Why Choose Vermont FCU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 200 SBA loans approved, totaling $20.4M in financing
- ✓Industry Expertise: Specialized focus on Fish and Seafood Merchant Wholesalers, Full-Service Restaurants, Other Clothing Stores
- ✓Competitive Terms: Average interest rate of 7.29% with flexible term lengths averaging 56 months
- ✓Loan Range: Loan sizes from $7K to $350K, with an average of $102K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in VT
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 Vermont FCU SBA lending
What types of businesses does Vermont FCU typically finance?
Vermont FCU specializes in SBA 7(a) lending to specific industries including fish and seafood merchant wholesalers, full-service restaurants, other clothing stores, all other home furnishings stores. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Vermont FCU's typical SBA loan terms?
Vermont FCU's SBA 7(a) loans typically feature an average interest rate of 7.29% and average term length of 56 months (approximately 5 years). Loan sizes range from $7K to $350K, with an average loan size of $102K.
Do I need a business valuation for a Vermont FCU SBA loan?
Yes, Vermont 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 Vermont FCU compare to other SBA lenders?
Vermont FCU has originated 200 SBA loans totaling $20.4M since 2020. 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 Vermont FCU lend in?
Vermont FCU provides SBA 7(a) financing with particularly strong presence in VT. 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?
Professional valuations are often required for SBA loans over $250,000.
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