PFCU

This is a trusted SBA lender offering small business loans including 7(a) and 504 programs, providing support for business growth and expansion in the Portland area.

It's recommended to schedule an appointment to ensure dedicated service, but walk-ins may be accommodated depending on availability.

PFCU's Portland Main Office lobby is open Monday-Thursday 9:00 a.m. to 5:00 p.m., Friday 9:00 a.m. to 5:30 p.m., and Saturday 9:00 a.m. to 12:00 p.m.; contact PFCU to confirm current hours.

There are standard fees associated with SBA loans, including application and guarantee fees, which vary based on the loan specifics.

This lender primarily serves small business owners in the Portland region, with eligibility based on loan criteria and creditworthiness.

A minimum personal credit score of around 650 is typically preferred, but higher scores improve approval chances.

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

Yes, PFCU's Portland location is open on Saturdays from 9:00 a.m. to 12:00 p.m. for lobby services; verify current weekend hours with PFCU before visiting.

PFCU is located in Michigan — see the contact card for the full address. Most bank 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 PFCU, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by PFCU itself, which runs its own lending under its own ownership. If you work at PFCU, you can claim this listing from this page to manage it.

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

You can reach PFCU by phone at (844) 517-3611 or online at pfcu4me.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 PFCU before relying on them.

Like most SBA lenders, PFCU can finance a broad range of small businesses — common categories include professional services, healthcare practices, restaurants and franchises, retail, light manufacturing, and commercial real estate. Each bank sets its own industry preferences and may avoid sectors it considers higher risk. Ask PFCU directly which industries 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 PFCU participates in SBA Express depends on its specific SBA lending authority. Contact PFCU 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 banks hold PLP status, but it varies by institution. PFCU can confirm its current PLP standing — ask before you apply if speed matters to you.

PFCU offers financing for businesses in the early start-up stage; contact PFCU at (844) 517-3611 to discuss startup eligibility and requirements.

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 PFCU 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 PFCU 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 PFCU 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. PFCU weighs this case by case under its own policy, so be upfront about your history and ask PFCU how it evaluates prior bankruptcies.