Langley FCU

This is a commercial bank offering SBA loan programs, business banking services, and financial guidance to small businesses and entrepreneurs in the Newport News area.

Ask Langley FCU directly — some branches take walk-ins, others book SBA conversations by appointment.

Hours vary by branch and change. Check Langley FCU's website or call before you visit.

Browsing this directory is free. Any loan fees are set by Langley FCU and the SBA program — ask the lender for its current schedule.

This bank primarily serves small business owners and residents in the Newport News area, but offers services to qualified applicants nationwide for SBA loans.

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

The underwriting process typically takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation.

Most bank SBA teams work weekdays; confirm with Langley FCU before planning a weekend visit.

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

The core details for Langley FCU — 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 Langley FCU before applying. If you represent Langley FCU, claim this listing to keep its information up to date.

You can reach Langley FCU by phone at (757) 827-5328 or online at www.langleyfcu.org/location-oyster-point — the same details are in the contact card on this page.

Based on its approved SBA loans, Langley FCU most often finances businesses in general retail, cleaning, landscaping & janitorial, and construction & contractors. This reflects Langley FCU'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 Langley FCU which sectors it actively lends to before you apply.

Langley FCU offers SBA Express loans and lines of credit up to $350,000 with faster turnaround and streamlined processing for working capital, equipment, real estate, and business expansion. Contact 757-827-5328 to confirm current terms and rates.

Whether Langley FCU 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.

Langley FCU may finance startup companies with prior business ownership experience through its SBA lending program. Contact your local branch at 757-827-5328 to discuss your startup's specific eligibility and requirements.

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 Langley FCU 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 Langley FCU 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 Langley FCU 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. Langley FCU weighs this case by case under its own policy, so be upfront about your history and ask Langley FCU how it evaluates prior bankruptcies.