Texas Dow Empl CU

This is a financial institution offering SBA loan programs and small business financing solutions. You can find support for business expansion, equipment purchases, and real estate development tailored to small business needs.

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

Texas Dow Employees Credit Union's Houston location operates Monday–Friday 9:00 AM to 5:00 PM at the Member Center, with extended Friday drive-thru hours until 6:00 PM. Confirm exact hours with the lender.

There may be application and closing fees associated with loans, but consultation is typically free.

This institution primarily serves members and small business owners within its regional service area, but eligibility varies by loan program.

A minimum personal credit score of around 650 is generally required.

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

Saturday hours are 9:00 AM to 1:00 PM for both Member Center and Drive Thru; the location is closed on Sundays. Confirm with the lender.

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

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

You can reach Texas Dow Empl CU by phone at (800) 839-1154 or online at local.tdecu.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 Texas Dow Empl CU before relying on them.

Based on its approved SBA loans, Texas Dow Empl CU most often finances businesses in construction & contractors and restaurants & food service. This reflects Texas Dow Empl CU'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 Texas Dow Empl CU 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 Texas Dow Empl CU participates in SBA Express depends on its specific SBA lending authority. Contact Texas Dow Empl 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. Texas Dow Empl 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. Texas Dow Empl CU's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Texas Dow Empl 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 Texas Dow Empl 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 Texas Dow Empl 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 Texas Dow Empl 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. Texas Dow Empl CU weighs this case by case under its own policy, so be upfront about your history and ask Texas Dow Empl CU how it evaluates prior bankruptcies.