North Country Federal Credit Union

This is a community-focused credit union that offers SBA loan programs and financial services tailored to small businesses in the Vermont area. You can find support for business growth, equipment financing, and working capital needs, along with personalized guidance from experienced staff.

It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-in consultations may also be available depending on staffing and availability.

The branch operates during regular business hours from Monday to Friday, typically 9 am to 5 pm, but it's best to check directly for specific hours or to schedule an appointment.

There are no fees for simply visiting or consulting; fees may apply for specific loan services or account maintenance, which will be disclosed during the application process.

This credit union primarily serves members of the community and those who meet membership eligibility criteria, which often includes residents of the Vermont area and associated organizations.

A minimum personal credit score of around 640 is generally preferred, but approval depends on overall financial health and business viability.

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

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

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

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

You can reach North Country Federal Credit Union by phone at (800) 660-3258 or online at northcountry.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 North Country Federal Credit Union before relying on them.

Based on its approved SBA loans, North Country Federal Credit Union most often finances businesses in transportation & trucking, construction & contractors, cleaning, landscaping & janitorial, automotive repair & services, food manufacturing & processing, and general retail. This reflects North Country Federal Credit Union'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 North Country Federal Credit Union which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether North Country Federal Credit Union participates in SBA Express depends on its specific SBA lending authority. Contact North Country Federal Credit Union and ask if it offers SBA Express and what the current limits and terms look like for your situation.

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. North Country Federal Credit Union can confirm its current PLP standing — ask before you apply if speed matters to you.

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. North Country Federal Credit Union's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask North Country 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 North Country 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 North Country 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 North Country 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. North Country Federal Credit Union weighs this case by case under its own policy, so be upfront about your history and ask North Country Federal Credit Union how it evaluates prior bankruptcies.