TBA CU
TBA CU is an active SBA lender in Michigan, a credit union offering SBA-guaranteed small-business loans. Currently rated 4.5 stars across 98 Google reviews.
$8M
in SBA approvals since 2016
9
SBA loans funded
Food Manufacturing & Processing · Construction & Contractors · Restaurants & Food Service
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About TBA CU
Offering comprehensive SBA lending options, this commercial bank specializes in supporting small businesses with various financing needs. Whether you're seeking funding for expansion, equipment, or working capital, they provide tailored solutions to help your business grow. Their expertise extends to SBA 7(a) loans, which are ideal for a wide range of business purposes, including real estate, inventory, and debt refinancing. Located in Traverse City, MI, they serve local entrepreneurs and small business owners with personalized service and competitive rates. The bank's experienced team guides clients through the application process, ensuring clarity and efficiency. With a focus on community development, they also support local economic growth by providing accessible financing options. Their commitment to customer success makes them a trusted partner for small businesses looking to thrive in today’s competitive market.
Common questions about TBA CU
What is this place and what can I find here?
This is a trusted local SBA lender offering small business financing solutions, including SBA 7(a) loans, to support growth and expansion in the Traverse City area.
Do I need an appointment or can I walk in?
It's recommended to schedule an appointment to ensure dedicated service, but walk-ins may be accommodated based on availability.
What are the hours of operation?
TBA CU's branch operates Monday through Friday from 9:00 AM to 5:00 PM. Additional after-hours member support is available Monday-Friday 8:00-9:00 AM and 5:00-8:00 PM, plus Saturday 8:00 AM-5:00 PM. Please confirm current hours directly with TBA CU.
Is there a fee to use this?
There are no fees for visiting the bank; however, loan application and processing fees may apply depending on the financing options chosen.
Who is this open to — anyone, or only residents/members?
This lender primarily serves small business owners and entrepreneurs in the Traverse City area, but eligibility is based on loan criteria rather than residency alone.
What minimum personal credit score does this lender look for in a guarantor?
A minimum personal credit score of around 640 is typically required, though higher scores improve approval chances.
How long does the traditional underwriting process take from start to close?
The underwriting process generally takes between 30 to 60 days, depending on the complexity of the loan and completeness of the application.
Is this open on weekends?
TBA CU does not offer regular branch hours on Saturdays. However, after-hours member support is available Saturday 8:00 AM to 5:00 PM. Please confirm weekend service availability with TBA CU.
How do I get there and where do I park?
TBA CU is located in Michigan — 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 TBA CU, an SBA-participating credit union. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by TBA CU itself, which runs its own lending under its own ownership. If you work at TBA CU, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for TBA 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 TBA CU before applying. If you represent TBA CU, claim this listing to keep its information up to date.
How do I contact this listing directly?
TBA CU can be reached at (231) 946-7090, toll-free at 1.800.678.0987, by text at 231.946.7090, or via their contact form at tbacu.com/our-story/contact/. Please confirm your specific inquiry with TBA CU.
What core industries does this lender traditionally choose to finance?
Like most SBA lenders, TBA CU 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 credit union sets its own industry preferences and may avoid sectors it considers higher risk. Ask TBA CU directly which industries it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this lender?
SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether TBA CU participates in SBA Express depends on its specific SBA lending authority. Contact TBA CU and ask if it offers SBA Express and what the current limits and terms look like for your situation.
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. TBA CU 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?
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. TBA CU's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask TBA CU 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 TBA CU 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 TBA CU 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 TBA CU 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. TBA CU weighs this case by case under its own policy, so be upfront about your history and ask TBA CU how it evaluates prior bankruptcies.
