Capital CU

This is a local bank that offers SBA loan programs designed to help small businesses grow and succeed. They provide personalized support, flexible financing options, and expertise in SBA lending processes to assist entrepreneurs in securing the funding they need.

It's recommended to schedule an appointment to ensure dedicated time with a loan specialist, but walk-ins may be accommodated depending on availability.

Typically, the bank operates from 8:30 AM to 5:00 PM, Monday through Friday, but it's best to confirm directly with the branch.

There are no fees for simply visiting or consulting; fees are associated with loan processing and closing costs, which vary by loan type.

This bank primarily serves residents and small business owners within the region, but eligibility for loans depends on meeting specific criteria.

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

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

Most credit unions keep weekday business hours and are closed on weekends, and Capital 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 Capital CU to confirm current weekend availability before you go.

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

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

You can reach Capital CU by phone at (701) 255-0042 or online at capcu.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 Capital CU before relying on them.

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