Holy Rosary Regional CU
Holy Rosary Regional CU is an active SBA lender in New Hampshire, a credit union offering SBA-guaranteed small-business loans. Currently rated 4.6 stars across 181 Google reviews.
About Holy Rosary Regional CU
Holy Rosary Regional CU offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth and development. With a focus on serving local entrepreneurs, this institution provides various loan options, including SBA 7(a) loans, to help fund a wide range of business needs such as equipment purchase, working capital, and expansion projects. Their experienced team guides borrowers through the application process, ensuring clarity and support at each step. Located at 133 Brock St in Rochester, NH, they are committed to fostering economic growth within the community. The bank's expertise in SBA programs allows clients to access competitive rates and flexible terms, making it an ideal partner for small business owners. Whether you're starting a new venture or expanding an existing one, Holy Rosary Regional CU is dedicated to helping you achieve your business goals with personalized service and financial solutions designed for success.
Common questions about Holy Rosary Regional CU
What is this place and what can I find here?
This is a community-focused credit union offering small business financing options, including SBA loans, to support local entrepreneurs and business growth.
Do I need an appointment or can I walk in?
It is recommended to schedule an appointment to ensure dedicated assistance, but walk-ins are also welcome during business hours.
What are the hours of operation?
The bank operates Monday through Friday from 9 a.m. to 5 p.m., with some services available by appointment outside these hours.
Is there a fee to use this?
There are no fees for basic inquiries; loan application fees and interest rates vary based on the specific loan product and borrower qualifications.
Who is this open to — anyone, or only residents/members?
Membership is open to small business owners within the community, primarily serving residents of Rochester, NH, and surrounding areas.
What minimum personal credit score does this lender look for in a guarantor?
A minimum personal credit score of around 680 is generally preferred, but other factors are also considered during underwriting.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes 2 to 4 weeks, depending on the completeness of the application and supporting documents.
Is this open on weekends?
Most credit unions keep weekday business hours and are closed on weekends, and Holy Rosary Regional CU typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call Holy Rosary Regional CU to confirm current weekend availability before you go.
How do I get there and where do I park?
Holy Rosary Regional CU is located in New Hampshire — 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 Holy Rosary Regional CU, an SBA-participating credit union. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Holy Rosary Regional CU itself, which runs its own lending under its own ownership. If you work at Holy Rosary Regional CU, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Holy Rosary Regional CU — 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 Holy Rosary Regional CU before applying. If you represent Holy Rosary Regional CU, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Holy Rosary Regional CU by phone at (603) 332-6840 or use their online contact form at hrcu.org/about/contact-us. Please confirm details directly with the lender.
What core industries does this lender traditionally choose to finance?
Like most SBA lenders, Holy Rosary Regional CU 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 Holy Rosary Regional CU 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 Holy Rosary Regional CU participates in SBA Express depends on its specific SBA lending authority. Contact Holy Rosary Regional CU 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?
Holy Rosary Regional CU has been recognized as a Small Business Administration (SBA) Preferred Lender, enabling faster loan approvals through in-house processing. Please confirm current PLP status directly with the lender.
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. Holy Rosary Regional CU's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Holy Rosary Regional CU 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 Holy Rosary Regional CU 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 Holy Rosary Regional CU 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 Holy Rosary Regional CU 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. Holy Rosary Regional CU weighs this case by case under its own policy, so be upfront about your history and ask Holy Rosary Regional CU how it evaluates prior bankruptcies.
