Educators Credit Union

This is a financial institution offering SBA loan programs and small business financing options. You can find assistance with business expansion, equipment purchases, and working capital needs tailored to small businesses.

It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours.

Educators Credit Union is open Monday through Friday from 8:00 a.m. to 6:00 p.m. CST, and Saturday from 8:00 a.m. to 1:00 p.m. CST. Confirm with the lender for specific branch-location hours.

There are fees associated with loan processing and closing, but these are disclosed upfront and vary depending on the loan specifics.

This institution primarily serves members of the credit union and small business owners in the region, but eligibility criteria apply.

A minimum personal credit score of 620 is generally required to qualify for SBA loans.

The underwriting process typically takes between 30 to 45 days, depending on the complexity of the application and completeness of documentation.

Yes, Educators Credit Union is open on Saturday from 8:00 a.m. to 1:00 p.m. CST. Confirm with the lender for SBA lending department weekend availability.

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

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

You can reach Educators Credit Union by phone at (262) 886-5900 or online at ecu.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 Educators Credit Union before relying on them.

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