Redwood CU
CA
SBA-approved lender offering 8 loan programs across 8 industries.
Key Metrics
Interest Rate
8.94%
2.19% over prime
Average Loan
$240K
Per approval
Total Approvals
19
FY 2025
Loan Programs (8)
Existing or more than 2 years old
Fixed Rates
New Business or 2 years or less
Preferred Lenders Program
SBA Express Program
Change of Ownership
7a General
Loan Funds will Open Business
Industries Served (8)
All Other Amusement and Recreation IndustriesFitness and Recreational Sports CentersLandscaping ServicesOffices of All Other Miscellaneous Health PractitionersOffices of OptometristsOther Professional Equipment and Supplies Merchant WholesalersRetail BakeriesSite Preparation Contractors
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 2.19%
- Effective Rate
- 8.94%
- Fiscal Year
- 2025
- States Served
- CA
- Website
- www.redwoodcu.org
Ready to apply with Redwood CU?
Let Cassian help you prepare your application and connect you with the right loan officer.