Together CU

This is a financial institution offering SBA loans and business financing solutions to small businesses in the Saint Louis area. You can find assistance with loan applications, business growth funding, and personalized financial advice tailored to your needs.

It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-in consultations may be available during business hours. Calling ahead can help streamline your visit.

Typically, the bank operates from 9:00 AM to 5:00 PM, Monday through Friday. It's best to check directly with the branch for specific hours or any holiday closures.

There are no fees to visit or consult with the bank; however, loan applications and processing may involve standard fees such as guarantee fees, closing costs, and interest charges.

This institution primarily serves small business owners in the Saint Louis area and requires membership or local residency for certain services. Business eligibility is based on SBA program criteria.

A minimum personal credit score of around 640 is generally preferred, though higher scores improve the chances of approval and favorable terms.

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 Together CU 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 Together CU to confirm current weekend availability before you go.

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

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

Together CU can be reached at (314) 771-7700 or togethercu.org, and also by email at membercontactcenter@togethercu.org or through their online contact form. For SBA lending specifically, confirm with Together CU.

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