Oregon Community CU

This is a financial institution offering SBA loans and small business financing solutions. You can find personalized support, expert guidance, and flexible funding options to help your business grow.

It's recommended to schedule an appointment to ensure dedicated service, but walk-ins are also welcome during business hours. Calling ahead can help you prepare for your visit.

Oregon Community CU operates Monday through Thursday from 9:00 AM to 5:00 PM and Friday from 9:00 AM to 6:00 PM. Hours vary by location, so confirm with the specific branch you plan to visit.

There are standard fees associated with SBA loans, including application and closing costs. Specific fees depend on the loan terms and amount.

This institution primarily serves small business owners and entrepreneurs in the Eugene area, but membership or residency is not a strict requirement for loan consideration.

A minimum personal credit score of 620 is generally preferred for SBA loan applicants, though other factors are also considered.

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

Oregon Community CU is closed on Sundays. Saturday hours vary by location—some branches are open 10:00 AM to 2:00 PM while others are closed. Contact your local branch to confirm.

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

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

You can reach Oregon Community CU by phone at (800) 365-1111, visit myoccu.org, or submit a contact form at myoccu.org/about-occu/contact-us for direct inquiries.

Like most SBA lenders, Oregon Community 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 Oregon Community CU directly which industries 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 Oregon Community CU participates in SBA Express depends on its specific SBA lending authority. Contact Oregon Community CU 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. Oregon Community CU 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. Oregon Community CU's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Oregon Community CU 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 Oregon Community CU 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 Oregon Community CU 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 Oregon Community CU 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. Oregon Community CU weighs this case by case under its own policy, so be upfront about your history and ask Oregon Community CU how it evaluates prior bankruptcies.