WESTconsin CU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by WESTconsin CU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811111 | General Automotive Repair | 5 | $181K | $36K | 13.2% |
| 562991 | Septic Tank and Related Services | 5 | $946K | $189K | 13.2% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 3 | $410K | $137K | 7.9% |
| 624410 | Child Care Services | 2 | $755K | $378K | 5.3% |
| 531110 | Lessors of Residential Buildings and Dwellings | 2 | $470K | $235K | 5.3% |
| 722410 | Drinking Places (Alcoholic Beverages) | 2 | $450K | $225K | 5.3% |
| 484121 | General Freight Trucking, Long-Distance, Truckload | 2 | $40K | $20K | 5.3% |
| 238160 | Roofing Contractors | 2 | $24K | $12K | 5.3% |
| 531190 | Lessors of Other Real Estate Property | 1 | $117K | $117K | 2.6% |
| 484110 | General Freight Trucking, Local | 1 | $42K | $42K | 2.6% |
Geographic Distribution
SBA lending activity for WESTconsin CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Wisconsin (WI) | 35 | $6.3M | 92.1% |
| Florida (FL) | 1 | $50K | 2.6% |
| California (CA) | 1 | $42K | 2.6% |
| New Jersey (NJ) | 1 | $30K | 2.6% |
Why Choose WESTconsin CU?
Based on SBA 7(a) lending track record from 2006-2019
- ✓Proven Track Record: 38 SBA loans approved, totaling $6.4M in financing
- ✓Industry Expertise: Specialized focus on General Automotive Repair, Septic Tank and Related Services, Snack and Nonalcoholic Beverage Bars
- ✓Competitive Terms: Average interest rate of 5.69% with flexible term lengths averaging 91 months
- ✓Loan Range: Loan sizes from $10K to $759K, with an average of $169K
- ✓Nationwide Reach: Active lending in 4 states, with strong presence in WI, CA, NJ
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 WESTconsin CU SBA lending
What types of businesses does WESTconsin CU typically finance?
WESTconsin CU specializes in SBA 7(a) lending to specific industries including general automotive repair, septic tank and related services, snack and nonalcoholic beverage bars, child care services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are WESTconsin CU's typical SBA loan terms?
WESTconsin CU's SBA 7(a) loans typically feature an average interest rate of 5.69% and average term length of 91 months (approximately 8 years). Loan sizes range from $10K to $759K, with an average loan size of $169K.
Do I need a business valuation for a WESTconsin CU SBA loan?
Yes, WESTconsin 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 WESTconsin CU compare to other SBA lenders?
WESTconsin CU has originated 38 SBA loans totaling $6.4M since 2006. 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 WESTconsin CU lend in?
WESTconsin CU provides SBA 7(a) financing with particularly strong presence in WI, CA, NJ, FL. 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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