Columbia Community CU

This is a community-focused SBA lender offering small business loans, including 7(a) financing, to support local entrepreneurs and businesses in the region. You can find personalized guidance, competitive loan options, and assistance with your business funding needs here.

It's recommended to schedule an appointment to ensure dedicated time with a loan specialist, but walk-in consultations may be available during business hours. Contact the branch in advance to confirm availability and set up a meeting.

The Fourth Plain branch operates Monday through Friday 9:00 AM to 6:00 PM and Saturday 9:00 AM to 1:30 PM. Please confirm hours with Columbia Community CU.

There are no fees for simply visiting or consulting with the bank, but loan applications and processing may involve fees such as application fees or closing costs, which will be disclosed upfront.

This lender primarily serves small business owners and entrepreneurs within its regional area, but eligibility for SBA loans is based on business criteria rather than residency alone.

A minimum personal credit score of 650 is generally preferred, though higher scores may improve the chances of approval and better loan terms.

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

Yes, the Fourth Plain branch is open on Saturday from 9:00 AM to 1:30 PM.

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

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

You can reach Columbia Community CU at (360) 891-4000 locally or toll-free at 1-800-699-4009, or visit columbiacu.org. Please confirm details directly with the lender.

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