Westby Co-op CU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Westby Co-op CU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 531320 | Offices of Real Estate Appraisers | 1 | $137K | $137K | 50.0% |
| 722513 | Limited-Service Restaurants | 1 | $250K | $250K | 50.0% |
Geographic Distribution
SBA lending activity for Westby Co-op CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Wisconsin (WI) | 2 | $387K | 100.0% |
Why Choose Westby Co-op CU?
Based on SBA 7(a) lending track record from 2017-2017
- ✓Proven Track Record: 2 SBA loans approved, totaling $387K in financing
- ✓Industry Expertise: Specialized focus on Offices of Real Estate Appraisers, Limited-Service Restaurants
- ✓Competitive Terms: Average interest rate of 4.56% with flexible term lengths averaging 183 months
- ✓Loan Range: Loan sizes from $137K to $250K, with an average of $193K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in WI
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 Westby Co-op CU SBA lending
What types of businesses does Westby Co-op CU typically finance?
Westby Co-op CU specializes in SBA 7(a) lending to specific industries including offices of real estate appraisers, limited-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Westby Co-op CU's typical SBA loan terms?
Westby Co-op CU's SBA 7(a) loans typically feature an average interest rate of 4.56% and average term length of 183 months (approximately 15 years). Loan sizes range from $137K to $250K, with an average loan size of $193K.
Do I need a business valuation for a Westby Co-op CU SBA loan?
Yes, Westby Co-op 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 Westby Co-op CU compare to other SBA lenders?
Westby Co-op CU has originated 2 SBA loans totaling $387K since 2017. 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 Westby Co-op CU lend in?
Westby Co-op CU provides SBA 7(a) financing with particularly strong presence in WI. 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.