Langley FCU
Langley FCU is an active SBA lender in Virginia, a credit union offering SBA-guaranteed small-business loans. Currently rated 3.9 stars across 128 Google reviews.
$14M
in SBA approvals since 2010
67
SBA loans funded
Food Manufacturing & Processing · General Retail · Restaurants & Food Service
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About Langley FCU
Offering comprehensive banking services tailored for small businesses and entrepreneurs, this financial institution provides SBA loan options to help grow and sustain your business. With a focus on supporting local economic development, it offers flexible lending solutions including SBA 7(a) loans, which are ideal for working capital, equipment purchases, and expansion projects. The bank's experienced team guides clients through the application process, ensuring a smooth experience from start to finish. Located in Newport News, VA, it serves a diverse clientele with personalized service and competitive rates. Whether you're a startup or an established business, this lender is committed to helping you achieve your financial goals through tailored SBA lending programs and expert advice. The institution also offers additional financial products to support your business needs, including deposit accounts and cash management services, all designed to foster long-term growth and success.
Industries Langley FCU finances
Business types Langley FCU actively lends to, from its SBA loan history. Tap one to see every lender serving it.
Common questions about Langley FCU
What is this place and what can I find here?
This is a commercial bank offering SBA loan programs, business banking services, and financial guidance to small businesses and entrepreneurs in the Newport News area.
Do I need an appointment or can I walk in?
You can walk in during business hours or schedule an appointment for personalized service and assistance with your SBA loan application.
What are the hours of operation?
Langley FCU's Oyster Point location is open Monday through Friday from 8:30 AM to 5:00 PM. Please contact the branch at 757-827-5328 to confirm current hours and schedule appointments.
Is there a fee to use this?
There may be application and service fees associated with SBA loans, but consultation and basic banking services are generally free of charge.
Who is this open to — anyone, or only residents/members?
This bank primarily serves small business owners and residents in the Newport News area, but offers services to qualified applicants nationwide for SBA loans.
What minimum personal credit score does this lender look for in a guarantor?
A minimum credit score of 620 is generally required for SBA loan guarantors.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation.
Is this open on weekends?
Langley FCU's Oyster Point location is open Saturday mornings from 8:30 AM to 12:30 PM and closed on Sundays. Confirm SBA lending staff availability on Saturdays at 757-827-5328.
How do I get there and where do I park?
Langley FCU is located in Virginia — 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 Langley FCU, an SBA-participating credit union. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Langley FCU itself, which runs its own lending under its own ownership. If you work at Langley FCU, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Langley FCU — 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 Langley FCU before applying. If you represent Langley FCU, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Langley FCU's Oyster Point location at 757-827-5328 or toll-free at 800-826-7490. For SBA lending inquiries, phone lines are available Monday-Friday 8:30 AM to 5:30 PM and Saturday 8:30 AM to 12:30 PM Eastern Time. Confirm with the branch.
What core industries does this lender traditionally choose to finance?
Based on its approved SBA loans, Langley FCU most often finances businesses in general retail, cleaning, landscaping & janitorial, and construction & contractors. This reflects Langley FCU'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 Langley FCU which sectors it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this lender?
Langley FCU offers SBA Express loans and lines of credit up to $350,000 with faster turnaround and streamlined processing for working capital, equipment, real estate, and business expansion. Contact 757-827-5328 to confirm current terms and rates.
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. Langley FCU 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?
Langley FCU may finance startup companies with prior business ownership experience through its SBA lending program. Contact your local branch at 757-827-5328 to discuss your startup's specific eligibility and requirements.
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 Langley FCU 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 Langley FCU 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 Langley FCU 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. Langley FCU weighs this case by case under its own policy, so be upfront about your history and ask Langley FCU how it evaluates prior bankruptcies.
