Citadel FCU
Citadel FCU is an active SBA lender in Pennsylvania, a credit union offering SBA-guaranteed small-business loans. Currently rated 3.0 stars across 126 Google reviews.
$8M
in SBA approvals since 2011
7
SBA loans funded
Hotels & Lodging · Construction & Contractors · Food Manufacturing & Processing
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About Citadel FCU
Citadel FCU offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth and development. With a focus on small business needs, this institution provides various loan options, including SBA 7(a) loans, to help entrepreneurs access capital for expansion, equipment purchase, or working capital. Their experienced team guides clients through the application process, ensuring a smooth and efficient experience. Located in Exton, Pennsylvania, they serve local businesses but also support regional economic growth. The bank specializes in serving small to medium-sized enterprises, offering personalized solutions to meet diverse industry needs. They are committed to fostering small business success by providing flexible financing options and expert advice. Whether you're a startup or an established business, Citadel FCU aims to be a trusted partner in your financial journey.
Common questions about Citadel FCU
What is this place and what can I find here?
This is a financial institution offering SBA loan programs and small business banking services, where you can find support for business growth and financing needs.
Do I need an appointment or can I walk in?
It's recommended to schedule an appointment for personalized service, but walk-ins are also welcome during business hours.
What are the hours of operation?
Citadel FCU operates Monday through Friday 9:00 a.m. to 5:00 p.m., with limited Saturday hours 9:00 a.m. to 1:00 p.m.; hours may vary by location, so confirm with your branch directly.
Is there a fee to use this?
There are no fees to access basic banking services, but loan application fees may apply depending on the loan type.
Who is this open to — anyone, or only residents/members?
This institution primarily serves members and residents of the local community and region, with some services available to non-members by appointment.
What minimum personal credit score does this lender look for in a guarantor?
A minimum personal credit score of 650 is generally required for guarantors.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes between 2 to 4 weeks, depending on the complexity of the application and completeness of documentation.
Is this open on weekends?
Citadel FCU is open on Saturdays from 9:00 a.m. to 1:00 p.m., though hours vary by location; confirm with your local branch.
How do I get there and where do I park?
Citadel FCU is located in Pennsylvania — see the contact card for the full address. Most credit union locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.
Who owns or operates this listing?
This page is an independent directory listing for Citadel FCU, an SBA-participating credit union. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Citadel FCU itself, which runs its own lending under its own ownership. If you work at Citadel FCU, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Citadel FCU — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Citadel FCU before applying. If you represent Citadel FCU, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Citadel FCU by phone at (610) 380-6000 or online at citadelbanking.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with Citadel FCU before relying on them.
What core industries does this lender traditionally choose to finance?
Like most SBA lenders, Citadel FCU can finance a broad range of small businesses — common categories include professional services, healthcare practices, restaurants and franchises, retail, light manufacturing, and commercial real estate. Each credit union sets its own industry preferences and may avoid sectors it considers higher risk. Ask Citadel FCU directly which industries it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this lender?
SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Citadel FCU participates in SBA Express depends on its specific SBA lending authority. Contact Citadel FCU and ask if it offers SBA Express and what the current limits and terms look like for your situation.
Does this lender have Preferred Lender Provider status with the government?
SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established credit unions hold PLP status, but it varies by institution. Citadel FCU can confirm its current PLP standing — ask before you apply if speed matters to you.
Are start-up companies eligible for financing at this lender?
The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. Citadel FCU's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Citadel FCU directly whether it considers start-up loans.
What are the typical down payment expectations for commercial real estate acquisitions?
For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Citadel FCU what down payment it expects for your specific commercial real estate purchase.
Does this lender impose prepayment penalties on short-term working capital facilities?
SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Citadel FCU to spell out any prepayment penalties before you sign.
Can I use loan proceeds from this lender to buy out an existing equity partner?
SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Citadel FCU to confirm it qualifies and how to document it.
Will historical personal bankruptcies automatically disqualify my loan application here?
A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Citadel FCU weighs this case by case under its own policy, so be upfront about your history and ask Citadel FCU how it evaluates prior bankruptcies.
