Coasthills Federal Credit Union

This is a community-focused credit union offering small business loans, including SBA programs, to support local entrepreneurs and business owners in Santa Maria, California. You can access personalized financial services designed to help your business grow and succeed.

Ask Coasthills Federal Credit Union directly — some branches take walk-ins, others book SBA conversations by appointment.

Hours vary by branch and change. Check Coasthills Federal Credit Union's website or call before you visit.

Browsing this directory is free. Any loan fees are set by Coasthills Federal Credit Union and the SBA program — ask the lender for its current schedule.

Membership is generally open to residents and small business owners within the community served by the credit union. Specific eligibility criteria apply, and membership benefits include access to various financial products.

Many SBA lenders look for a personal score around 640 or higher, but each bank sets its own bar and it changes. Ask Coasthills Federal Credit Union what it looks for today.

The underwriting process usually takes approximately 2 to 4 weeks, depending on the complexity of the application and completeness of submitted documentation.

Most bank SBA teams work weekdays; confirm with Coasthills Federal Credit Union before planning a weekend visit.

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

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

You can reach Coasthills Federal Credit Union by phone at (805) 733-7600 or online at coasthills.coop — the same details are in the contact card on this page.

Based on its approved SBA loans, Coasthills Federal Credit Union most often finances businesses in restaurants & food service, construction & contractors, automotive repair & services, and food manufacturing & processing. This reflects Coasthills Federal Credit Union'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 Coasthills Federal Credit Union 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 Coasthills Federal Credit Union participates in SBA Express depends on its specific SBA lending authority. Contact Coasthills Federal Credit Union and ask if it offers SBA Express and what the current limits and terms look like for your situation.

Whether Coasthills Federal Credit Union has SBA Preferred Lender (PLP) status is set by the SBA. Ask the bank directly; PLP lenders can approve in-house and often move faster.

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. Coasthills Federal Credit Union's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Coasthills Federal Credit Union 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 Coasthills Federal Credit Union 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 Coasthills Federal Credit Union 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 Coasthills Federal Credit Union 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. Coasthills Federal Credit Union weighs this case by case under its own policy, so be upfront about your history and ask Coasthills Federal Credit Union how it evaluates prior bankruptcies.