# Truliant Federal Credit Union

Top credit-union SBA lender, tuned for acquisitions.

A North Carolina-based federal credit union whose SBA team holds Preferred Lender (PLP) status and writes 7(a) loans to the $5M cap, naming changes of ownership among its uses and publishing its own guide to SBA acquisition financing. Its releases call it the nation's top SBA originator among credit unions in 2024 and 2025.

- Category: SBA & Acquisition Lenders
- Pricing model: Custom Pricing
- Where it fits: Set Up & Fund the Search, Diligence & Close the Deal
- Website: https://www.truliantfcu.org/business/borrow/sba-loans

## At a Glance

Worth a conversation if a [Preferred Lender](https://searchspheresource.com/glossary/preferred-lender-program) with a named acquisition practice fits your deal, and the membership step does not put you off; the average loan in our file suggests it is comfortable at real acquisition size.

## What It Costs

Loan products; no fee to engage. SBA 7(a) up to the $5M program cap with low down payments per its own page. The FOIA loan file shows 105 change-of-ownership 7(a) loans totaling $147.8M in FY2025, an average near $1.4M, at a 10.37% average initial rate across its acquisition loans in the file.

## Best For

Buyers who want a Preferred Lender where acquisition financing is a named focus, and who are comfortable joining a member-owned institution to borrow from it

## Pros and Cons

- Pro: Preferred Lender Program status, so it approves on delegated authority rather than waiting on the agency
- Pro: Acquisition lending is named, not buried: [change-of-ownership](https://searchspheresource.com/glossary/change-of-ownership) uses on the program page and a dedicated SBA acquisition financing guide
- Pro: The nation's top SBA originator among credit unions by loan count, per its own 2024 and 2025 releases
- Pro: The FOIA loan file places it among the twenty most active acquisition lenders in the country, averaging about $1.4M per change-of-ownership loan in FY2025
- Con: A credit union, so borrowing starts with membership; check eligibility early rather than at [term-sheet](https://searchspheresource.com/glossary/term-sheet) time
- Con: The application runs through a business services officer or a local branch, not a built-for-remote national desk
- Con: Rates are quoted per deal and not published, and the acquisition loans in the FOIA loan file price on the variable side

## What Searchers Say

Its own releases in 2024 and 2025 claim the top SBA origination count among the nation's credit unions, and the FOIA loan file independently places it among the twenty most active acquisition lenders in the country in FY2025. It markets to its region rather than to the [searcher](https://searchspheresource.com/glossary/searcher) community, so it is rarely named in [search-fund](https://searchspheresource.com/glossary/search-fund) circles.

## Sources

- https://www.truliantfcu.org/business/borrow/sba-loans
- https://www.truliantfcu.org/media/press-releases/2024/truliant-number-one-in-sba-origination-loans
- https://searchspheresource.com/data/acquisition-lending

Also on this site: https://searchspheresource.com/resources/category/lender.md
Source: https://searchspheresource.com/resources/truliant-fcu
Last checked: 2026-08-05

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