SBA Loans

We have the tools and resources available to help your business grow.

Woman on her computer in her small business with a man in the background holding a box




HFCU Is Your Small Business Loan Source

In keeping with our desire to provide excellent member services and products, we offer SBA Loans. Houston Federal Credit Union specializes in SBA loans available from $300,000 up to $5,000,000.
 
We offer two popular SBA loan programs to help your business succeed. Please review below for more information on these different SBA loan products.

SBA 7(a) Loan Program

Loan Proceeds May Be Used For Purchasing Land and Building (for business location). HFCU only offers 7(a) loans that are fully collateralized and secured by real property that your business occupies. Loan terms up to 25 years. 


SBA 504 Loan Program

The 504 loan program is a long-term/fixed-rate financing tool for major fixed assets such as land and equipment for a business location.
Loan Proceeds May Be Used For:
  • The purchase of land, including existing buildings that your business occupies. 
  • The purchase of improvements, including grading, street improvements, utilities, parking lots and landscaping.














































































Let HFCU help with your business lending needs. So that we may better serve you, please fill out our form through the link below, and we will get back with you as soon as possible.

Commercial Lending Contact Form
 
If you have questions, You may also stop by one of our convenient locations, or contact us directly at (346) 445-7439 and request to speak with our Commercial Loan Officer, Pastor Oropeza.






Two women in a meeting

What does SBA look for in a loan application?

There are a few requirements that must be met in order for your business to qualify for an SBA loan:
 
  • Applicant must be eligible: For profit business owned and controlled by a US citizen or LPR, legal permanent resident (No visas).
  • Repayment ability comes from the cash flow of the business.
  • Applicant must be of good character (Both credit and criminal history).
  • Collateral purchased from loan funds and personal guaranty generally secure the loan.
  • Owner’s personal equity contribution.