Liberty Bay Credit Union
Liberty Bay Credit Union is an active SBA lender in Massachusetts, a credit union offering SBA-guaranteed small-business loans. Currently rated 3.5 stars across 33 Google reviews.
$4M
in SBA approvals since 2011
23
SBA loans funded
Restaurants & Food Service · Mental Health Services · Childcare & Early Education
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About Liberty Bay Credit Union
Liberty Bay Credit Union offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on personalized service, they provide SBA 7(a) loans that help entrepreneurs access capital with flexible terms and competitive rates. Their team is dedicated to guiding clients through the loan process, ensuring clarity and efficiency from application to approval. Located in Braintree, Massachusetts, they serve local businesses and are committed to fostering economic development within the community. The credit union specializes in loans up to $350,000, making them an ideal partner for small to medium-sized enterprises looking for reliable funding options. Their expertise in SBA programs ensures clients receive tailored solutions that meet their unique business goals. Whether you're starting a new venture or expanding an existing one, Liberty Bay Credit Union provides the financial tools and support to help you succeed.
Industries Liberty Bay Credit Union finances
Business types Liberty Bay Credit Union actively lends to, from its SBA loan history. Tap one to see every lender serving it.
Common questions about Liberty Bay Credit Union
What is this place and what can I find here?
This is a local credit union offering SBA loan programs and financial services tailored for small businesses in the Braintree area. You can find assistance with business financing, loans, and banking needs designed to support your growth goals.
Do I need an appointment or can I walk in?
It is recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours.
What are the hours of operation?
Liberty Bay Credit Union operates Monday through Friday 8:00 AM – 5:00 PM (Member Service Center) or 8:30 AM – 4:30 PM (branches), and Saturday 9:00 AM – 1:00 PM at most locations. Confirm exact hours for your specific location and service type when you call.
Is there a fee to use this?
There are no fees for visiting or consulting; however, standard loan application and processing fees may apply for financing services.
Who is this open to — anyone, or only residents/members?
Membership is open to small business owners and residents within the community who meet the credit union's eligibility criteria.
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 approval.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes between 2 to 4 weeks, depending on the completeness of the application and documentation provided.
Is this open on weekends?
Yes, Liberty Bay Credit Union is open on Saturdays from 9:00 AM to 1:00 PM at most locations (Scituate location is closed Saturdays). Confirm with your local branch.
How do I get there and where do I park?
Liberty Bay Credit Union is located in Massachusetts — 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 Liberty Bay Credit Union, an SBA-participating credit union. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Liberty Bay Credit Union itself, which runs its own lending under its own ownership. If you work at Liberty Bay 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 Liberty Bay 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 Liberty Bay Credit Union before applying. If you represent Liberty Bay Credit Union, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Liberty Bay Credit Union by phone at (617) 439-6500 or online at lbcu.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 Liberty Bay Credit Union before relying on them.
What core industries does this lender traditionally choose to finance?
Based on its approved SBA loans, Liberty Bay Credit Union most often finances businesses in construction & contractors. This reflects Liberty Bay 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 Liberty Bay Credit Union which sectors it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this lender?
Yes, Liberty Bay Credit Union offers SBA Express Loans and Lines of Credit as part of their SBA lending products. Contact them at (617) 439-6500 to discuss terms and your specific needs.
Does this lender have Preferred Lender Provider status with the government?
Yes, Liberty Bay Credit Union has been designated an SBA Preferred Lender, which enables them to make loan decisions more rapidly. Confirm current PLP status directly with the lender.
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. Liberty Bay Credit Union's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Liberty Bay 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 Liberty Bay 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 Liberty Bay 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 Liberty Bay 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. Liberty Bay Credit Union weighs this case by case under its own policy, so be upfront about your history and ask Liberty Bay Credit Union how it evaluates prior bankruptcies.
