Wings Credit Union
Wings Credit Union is an active SBA lender in Colorado, a credit union offering SBA-guaranteed small-business loans. Currently rated 4.1 stars across 196 Google reviews.
$60M
in SBA approvals since 2010
80
SBA loans funded
Manufacturing · Medical Practices & Clinics · General Retail
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About Wings Credit Union
Wings Credit Union offers comprehensive SBA lending options tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on personalized service, they provide access to various SBA programs including the 7(a) loan program, which is ideal for working capital, equipment purchase, or real estate acquisition. Their team is committed to guiding borrowers through the application process to ensure smooth approval and funding, with approval amounts reaching up to $155,000 for qualifying applicants. Located in Colorado Springs, they serve local businesses and the broader community with flexible lending solutions designed to meet diverse industry needs. Their expertise extends to supporting small enterprises across multiple sectors, emphasizing community development and economic growth. Whether you are a startup or an established business, Wings Credit Union is dedicated to helping you secure the funding necessary to achieve your business goals.
Serves SBA borrowers in 2 states
Wings Credit Union has funded SBA loans for businesses in these states, by borrower location. Tap a state to see every lender serving it.
Industries Wings Credit Union finances
Business types Wings Credit Union actively lends to, from its SBA loan history. Tap one to see every lender serving it.
Common questions about Wings Credit Union
What is this place and what can I find here?
This is a community-focused credit union offering SBA loan programs, including the 7(a) loan, to support small business growth and development in Colorado Springs and the surrounding areas.
Do I need an appointment or can I walk in?
It is recommended to schedule an appointment to ensure dedicated service, but walk-ins are also welcome during business hours.
What are the hours of operation?
Wings Credit Union's Jet Wing Service Center is open Monday through Friday from 9:00 am to 5:30 pm (lobby and drive-up). Confirm current hours directly with the branch.
Is there a fee to use this?
There are no fees for simply visiting; however, loan application and processing fees may apply depending on the service.
Who is this open to — anyone, or only residents/members?
This credit union primarily serves members and residents of Colorado Springs, but eligibility requirements apply for membership.
What minimum personal credit score does this lender look for in a guarantor?
A minimum personal credit score of 650 is generally required for loan consideration.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes between 30 to 45 days, depending on the completeness of the application and documentation provided.
Is this open on weekends?
Wings Credit Union's Jet Wing Service Center is open Saturday from 9:00 am to 12:00 pm (lobby and drive-up) and closed Sunday. Confirm current weekend hours with the lender.
How do I get there and where do I park?
Wings Credit Union is located in Colorado — 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.
Who owns or operates this listing?
This page is an independent directory listing for Wings Credit Union, an SBA-participating credit union. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Wings Credit Union itself, which runs its own lending under its own ownership. If you work at Wings Credit Union, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Wings 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 Wings Credit Union before applying. If you represent Wings Credit Union, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Wings Credit Union by phone at (719) 574-1100 or online at ent.com — 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 Wings Credit Union before relying on them.
What core industries does this lender traditionally choose to finance?
Based on its approved SBA loans, Wings Credit Union most often finances businesses in manufacturing and construction & contractors. This reflects Wings 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 Wings Credit Union which sectors it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this lender?
SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Wings Credit Union participates in SBA Express depends on its specific SBA lending authority. Contact Wings Credit Union and ask if it offers SBA Express and what the current limits and terms look like for your situation.
Does this lender have Preferred Lender Provider status with the government?
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. Wings Credit Union can confirm its current PLP standing — ask before you apply if speed matters to you.
Are start-up companies eligible for financing at this lender?
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. Wings Credit Union's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Wings Credit Union directly whether it considers start-up loans.
What are the typical down payment expectations for commercial real estate acquisitions?
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 Wings Credit Union what down payment it expects for your specific commercial real estate purchase.
Does this lender impose prepayment penalties on short-term working capital facilities?
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 Wings Credit Union to spell out any prepayment penalties before you sign.
Can I use loan proceeds from this lender to buy out an existing equity partner?
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 Wings Credit Union to confirm it qualifies and how to document it.
Will historical personal bankruptcies automatically disqualify my loan application here?
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. Wings Credit Union weighs this case by case under its own policy, so be upfront about your history and ask Wings Credit Union how it evaluates prior bankruptcies.
