America First Credit Union (SBA lending)
At a Glance
The Mountain West's membership-first answer: the 10% floor and the 25-year clock in writing, a hotline to a dedicated desk, and a real two-state acquisition book. Clear membership, then make the property-flavored terms say the same thing about your business-only deal.
- Pricing
- Custom Pricing, Loan products; no fee to engage, though borrowing starts with membership. The SBA page states as little as 10% borrower cash down, terms and amortizations to 25 years, 504 and 7(a) options, and acquisition financing among uses, in copy that reads property-first, with rates left to the file: property type, industry, and borrower strength determine them by its own line. The newsroom claims the nation's top SBA credit-union ranking by approved dollars for a second year. Our FOIA computation places it fifth in Utah with 31 and fourth in Nevada with 17 change-of-ownership loans across the file's six years.
- Best For
- Buyers in the Mountain West who can clear membership and want a credit-union desk with the 10% floor and the 25-year clock already in writing
- Type
- Credit union (lends directly; borrowing starts with membership)
- Footprint
- Utah's and Nevada's change-of-ownership tables in our file; membership defines reach, so eligibility is the first check. It publishes a region rather than a state list, so ask on the first call whether it lends where you are buying.
- Deal Size
- $500k to $5M.
- Searcher Practice
- A general SBA lending desk, branch-driven.
- Published Terms
- As little as 10% borrower cash down and terms to 25 years in writing, 504 and 7(a) options, acquisition named; rates left to the file by its own line.
- Roadmap Stages
- 2. Set Up & Fund the Search5. Diligence & Close the Deal
Pros and Cons
Pros
- A Preferred Lender under the 7(a) with a dedicated SBA hotline, a desk you can actually dial
- States the two figures that matter, as little as 10% down and terms to 25 years, on the page
- Fifth in Utah's and fourth in Nevada's change-of-ownership tables in our file, so the acquisition practice is real
- Its planned acquisition of a Las Vegas SBA bank, announced on its own newsroom, points at a deeper Nevada desk ahead
Cons
- Membership precedes borrowing, so eligibility is the first check rather than a formality
- The published terms sit in property-flavored copy; make the officer confirm them for a business-only acquisition
- No rates published; property type, industry, and borrower strength decide them by its own line
- No searcher-community footprint we could verify, so there is no practitioner account of how it handles a search-fund file
What Searchers Say
The Preferred Lender status, the 10% down and 25-year lines, the acquisition use, and the dedicated SBA hotline are its own pages'; the top-credit-union ranking is its own newsroom's, by approved dollars in one federal fiscal year, a different cut from the change-of-ownership counts our file ranks. Our FOIA computation independently places it fifth in Utah and fourth in Nevada across the file's six years; the planned Las Vegas bank acquisition is its own newsroom's announcement.
How to Approach
America First Credit Union (SBA lending) is a credit union, so this is how that kind of lender comes in, what it weighs, and how to arrive ready.
The Typical Arc
- Membership first: joining is a same-week step, but it is a step, so start it before you need terms.
- A business services officer walks the application, then the credit union underwrites directly.
- A term sheet, then closing on the SBA's timeline, commonly two to four months.
What It Weighs
- The same coverage math a bank runs, since the SBA's rules are the SBA's rules.
- Whether you and the deal sit inside its field of membership and lending footprint.
- Your equity injection and how the relationship banks after close.
How to Prepare
- Model the payment and coverage before you call. SBA Acquisition Calculator
- Underwrite the specific deal end to end. Underwrite a Deal
- Show where every dollar comes from and goes. Sources & Uses Builder
Put It to Work
Lender Match puts this lender beside the others, filtered by your deal.