McCoy FCU

This is a commercial bank that offers SBA loan programs and other financial services to small businesses. You can find assistance with business expansion, equipment financing, and real estate funding tailored to your needs.

It's recommended to schedule an appointment to ensure dedicated service, but walk-ins are also welcome during business hours.

McCoy FCU's business hours are Monday–Thursday 8:00 AM to 5:00 PM and Friday 8:00 AM to 6:00 PM. Please confirm current hours with the lender.

There may be fees associated with certain banking services and loan processing, which will be disclosed during your consultation.

This bank primarily serves small business owners and entrepreneurs in the Orlando area, but eligibility depends on meeting loan requirements.

A minimum personal credit score of 620 is generally required for guarantors.

The underwriting process typically takes 2 to 4 weeks, depending on the completeness of your application and documentation.

Most credit unions keep weekday business hours and are closed on weekends, and McCoy FCU 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 McCoy FCU to confirm current weekend availability before you go.

McCoy FCU is located in Florida — 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 McCoy FCU, an SBA-participating credit union. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by McCoy FCU itself, which runs its own lending under its own ownership. If you work at McCoy FCU, you can claim this listing from this page to manage it.

The core details for McCoy 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 McCoy FCU before applying. If you represent McCoy FCU, claim this listing to keep its information up to date.

You can reach McCoy FCU's Business Services Department at 407-855-5452 Ext. 52310, or submit a business inquiry online. Please confirm preferred contact method.

Based on its approved SBA loans, McCoy FCU most often finances businesses in medical practices & clinics. This reflects McCoy FCU's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with McCoy FCU which sectors it actively lends to before you apply.

McCoy FCU offers SBA Express loans up to $500,000 with variable or fixed rates and 50% SBA guarantee for real estate, equipment, debt refinancing, and operating costs. Confirm current availability with McCoy FCU.

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. McCoy FCU can confirm its current PLP standing — ask before you apply if speed matters to you.

McCoy FCU finances startup companies; the lender states that even those with bad credit may qualify for startup funding. Confirm startup requirements with the lender.

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 McCoy FCU 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 McCoy FCU 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 McCoy FCU 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. McCoy FCU weighs this case by case under its own policy, so be upfront about your history and ask McCoy FCU how it evaluates prior bankruptcies.