Houston Federal Credit Union

This is a commercial bank that offers SBA loan programs to small businesses, providing financing solutions such as 7(a) loans to support growth and expansion. You can find information about loan options, application processes, and personalized assistance for your business needs.

It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-in consultations may also be available during business hours.

The bank is typically open from 9:00 AM to 5:00 PM, Monday through Friday, but it's best to confirm hours directly with the branch.

There are no fees to inquire about or start the application process, but loan-specific fees such as guarantee and closing costs may apply upon approval.

This bank primarily serves residents and small business owners in the Sugar Land area, with a focus on supporting local entrepreneurs and community members.

A minimum personal credit score of around 640 is generally recommended for SBA loan consideration.

The underwriting process typically takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation.

Most credit unions keep weekday business hours and are closed on weekends, and Houston Federal Credit Union 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 Houston Federal Credit Union to confirm current weekend availability before you go.

Houston Federal Credit Union is located in Texas — 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.

This page is an independent directory listing for Houston Federal Credit Union, an SBA-participating credit union. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Houston Federal Credit Union itself, which runs its own lending under its own ownership. If you work at Houston Federal Credit Union, you can claim this listing from this page to manage it.

The core details for Houston Federal Credit Union — 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 Houston Federal Credit Union before applying. If you represent Houston Federal Credit Union, claim this listing to keep its information up to date.

You can reach Houston Federal Credit Union by phone at (281) 243-0500 or online at houstonfcu.org — 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 Houston Federal Credit Union before relying on them.

Like most SBA lenders, Houston Federal Credit Union 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 Houston Federal Credit Union directly which industries it actively lends to before you apply.

Houston Federal Credit Union is approved to offer SBA Express loans. Confirm specific loan terms and amounts directly with their SBA lending team.

Houston Federal Credit Union holds SBA Preferred Lender Program status, enabling faster in-house loan approvals. Confirm current PLP status directly with the 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. Houston Federal Credit Union's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Houston Federal Credit Union directly whether it considers start-up loans.

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 Houston Federal Credit Union what down payment it expects for your specific commercial real estate purchase.

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 Houston Federal Credit Union to spell out any prepayment penalties before you sign.

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 Houston Federal Credit Union to confirm it qualifies and how to document it.

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. Houston Federal Credit Union weighs this case by case under its own policy, so be upfront about your history and ask Houston Federal Credit Union how it evaluates prior bankruptcies.