Idaho Central Credit Union (SBA lending)
At a Glance
If the target is in Idaho, this is the first call, not the alternative one: the state's most active acquisition desk sits behind a membership door anyone local can walk through, and the posture invites the conversation banks decline. The missing rate sheet is the reason to carry a published-terms quote into it.
- Pricing
- Custom Pricing, Loan products; no fee to engage, and membership comes first: its eligibility page opens the door to anyone who lives, works, or attends school in any Idaho county, lives or works in Washington, organizations in either state, and immediate family of members. The SBA page publishes programs and posture rather than rates: Preferred and Express lender status, 504, 7(a), and Express, and in its own words, even when your business may not meet conventional lending standards, ICCU is here for you. Our FOIA computation makes it Idaho's leading change-of-ownership lender with 68 loans across the file's six years, ahead of every bank in the state.
- Best For
- Buyers of Idaho or Washington businesses who want the state's most active acquisition desk and do not mind that borrowing starts with joining
- Type
- Credit union (lends directly; borrowing starts with membership)
- Footprint
- Membership open to anyone living, working, or studying in Idaho, or living or working in Washington, per its own eligibility page.
- Deal Size
- $500k to $5M.
- Searcher Practice
- A general SBA lending desk, branch-driven.
- Published Terms
- Preferred and Express SBA status over 504, 7(a), and Express; no published rates, and borrowing starts with membership.
- Roadmap Stages
- 2. Set Up & Fund the Search5. Diligence & Close the Deal
Pros and Cons
Pros
- Idaho's leading change-of-ownership lender in our file, ahead of every bank in the state
- A Preferred and Express SBA lender, so delegated authority and a faster small-loan lane in its own words
- Membership is genuinely open: any Idaho county by residence, work, or school, and Washington by residence or work
- Says outright that it looks at deals that may not meet conventional lending standards
Cons
- Borrowing starts with joining, a real step a bank does not ask of you
- No published rates or terms; the path in is a business specialist conversation
- A two-state field of membership; a deal elsewhere needs a different desk
- No searcher-community footprint to weigh against its own claims
What Searchers Say
The program facts and the may-not-meet-conventional posture are its own SBA page's; the field of membership is its own eligibility page, read with the accordion expanded. Our FOIA computation independently makes it Idaho's leading change-of-ownership lender across the file's six years, ahead of Glacier Bank's second-place book.
How to Approach
Idaho Central 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.