Wildfire Credit Union
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Wildfire Credit Union · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 5 | $1.9M | $381K | 16.7% |
| 624410 | Child Care Services | 3 | $389K | $130K | 10.0% |
| 812112 | Beauty Salons | 2 | $205K | $103K | 6.7% |
| 561730 | Landscaping Services | 2 | $307K | $153K | 6.7% |
| 722410 | Drinking Places (Alcoholic Beverages) | 2 | $310K | $155K | 6.7% |
| 713940 | Fitness and Recreational Sports Centers | 2 | $250K | $125K | 6.7% |
| 811111 | General Automotive Repair | 2 | $459K | $230K | 6.7% |
| 811122 | Automotive Glass Replacement Shops | 1 | $186K | $186K | 3.3% |
| 722513 | Limited-Service Restaurants | 1 | $304K | $304K | 3.3% |
| 721110 | Hotels (except Casino Hotels) and Motels | 1 | $191K | $191K | 3.3% |
Geographic Distribution
SBA lending activity for Wildfire Credit Union by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Michigan (MI) | 30 | $7.8M | 100.0% |
Why Choose Wildfire Credit Union?
Based on SBA 7(a) lending track record from 2013-2026
- ✓Proven Track Record: 30 SBA loans approved, totaling $7.8M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Child Care Services, Beauty Salons
- ✓Competitive Terms: Average interest rate of 6.86% with flexible term lengths averaging 204 months
- ✓Loan Range: Loan sizes from $50K to $810K, with an average of $260K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MI
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 Wildfire Credit Union SBA lending
What types of businesses does Wildfire Credit Union typically finance?
Wildfire Credit Union specializes in SBA 7(a) lending to specific industries including full-service restaurants, child care services, beauty salons, landscaping services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Wildfire Credit Union's typical SBA loan terms?
Wildfire Credit Union's SBA 7(a) loans typically feature an average interest rate of 6.86% and average term length of 204 months (approximately 17 years). Loan sizes range from $50K to $810K, with an average loan size of $260K.
Do I need a business valuation for a Wildfire Credit Union SBA loan?
Yes, Wildfire Credit Union 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 Wildfire Credit Union compare to other SBA lenders?
Wildfire Credit Union has originated 30 SBA loans totaling $7.8M 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 Wildfire Credit Union lend in?
Wildfire Credit Union provides SBA 7(a) financing with particularly strong presence in MI. 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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