Telhio Credit Union Inc

This is a financial institution offering SBA loan programs designed to help small businesses secure funding for growth, equipment, and operational needs. You can find personalized support and guidance throughout the loan process, ensuring you get the right financing for your business goals.

You can typically walk in during business hours, but scheduling an appointment is recommended to ensure dedicated assistance and faster service.

Standard hours are Monday through Friday, 9 am to 5 pm, but it's best to contact the branch directly for specific hours or to schedule an appointment.

There are standard fees associated with SBA loans, including application and closing costs, which vary depending on the loan specifics.

This lender primarily serves small business owners and entrepreneurs in Ohio, especially those who are members or residents of the region.

A minimum personal credit score of 620 is generally required for loan qualification.

Typically, the underwriting process takes approximately 30 to 45 days, depending on the completeness of the application and supporting documents.

Most credit unions keep weekday business hours and are closed on weekends, and Telhio Credit Union Inc typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call Telhio Credit Union Inc to confirm current weekend availability before you go.

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

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

You can reach Telhio Credit Union Inc by phone at (614) 221-3233 or online at telhio.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 Telhio Credit Union Inc before relying on them.

Based on its approved SBA loans, Telhio Credit Union Inc most often finances businesses in transportation & trucking, construction & contractors, restaurants & food service, general retail, manufacturing, and real estate & property management. This reflects Telhio Credit Union Inc'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 Telhio Credit Union Inc 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 Telhio Credit Union Inc participates in SBA Express depends on its specific SBA lending authority. Contact Telhio Credit Union Inc 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. Telhio Credit Union Inc 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. Telhio Credit Union Inc's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Telhio Credit Union Inc 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 Telhio Credit Union Inc 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 Telhio Credit Union Inc 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 Telhio Credit Union Inc 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. Telhio Credit Union Inc weighs this case by case under its own policy, so be upfront about your history and ask Telhio Credit Union Inc how it evaluates prior bankruptcies.