St. Lawrence FCU
St. Lawrence FCU is an active SBA lender in New York, a credit union offering SBA-guaranteed small-business loans.
About St. Lawrence FCU
St. Lawrence FCU is an SBA 7(a) and/or 504 lender with 1 approved SBA loans totaling $30K since fiscal year 2025, per U.S. SBA FOIA records. Contact the bank directly for current programs and terms.
Common questions about St. Lawrence FCU
What is this place and what can I find here?
This is a community-focused bank offering SBA loans and small business financing solutions. You can find assistance with loan applications, personalized financial advice, and support for business growth initiatives.
Do I need an appointment or can I walk in?
Ask St. Lawrence FCU directly — some branches take walk-ins, others book SBA conversations by appointment.
What are the hours of operation?
Hours vary by branch and change. Check St. Lawrence FCU's website or call before you visit.
Is there a fee to use this?
Browsing this directory is free. Any loan fees are set by St. Lawrence FCU and the SBA program — ask the lender for its current schedule.
Who is this open to — anyone, or only residents/members?
This bank primarily serves residents and small business owners within the community and surrounding regions, with some services available to non-residents under specific conditions.
What minimum personal credit score does this lender look for in a guarantor?
Many SBA lenders look for a personal score around 640 or higher, but each bank sets its own bar and it changes. Ask St. Lawrence FCU what it looks for today.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes between 30 to 45 days, depending on the complexity of the loan and completeness of the application.
Is this open on weekends?
Most bank SBA teams work weekdays; confirm with St. Lawrence FCU before planning a weekend visit.
How do I get there and where do I park?
St. Lawrence FCU is located in New York — 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.
Who owns or operates this listing?
This page is an independent directory listing for St. Lawrence FCU, an SBA-participating credit union. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by St. Lawrence FCU itself, which runs its own lending under its own ownership. If you work at St. Lawrence FCU, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for St. Lawrence 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 St. Lawrence FCU before applying. If you represent St. Lawrence FCU, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach St. Lawrence FCU by phone at (315) 393-3530 or online at www.stlawrfcu.com — the same details are in the contact card on this page.
What core industries does this lender traditionally choose to finance?
Like most SBA lenders, St. Lawrence FCU can finance a broad range of small businesses — common categories include professional services, healthcare practices, restaurants and franchises, retail, light manufacturing, and commercial real estate. Each credit union sets its own industry preferences and may avoid sectors it considers higher risk. Ask St. Lawrence FCU directly which industries it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this lender?
SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether St. Lawrence FCU participates in SBA Express depends on its specific SBA lending authority. Contact St. Lawrence FCU and ask if it offers SBA Express and what the current limits and terms look like for your situation.
Does this lender have Preferred Lender Provider status with the government?
Whether St. Lawrence 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.
Are start-up companies eligible for financing at this lender?
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. St. Lawrence FCU's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask St. Lawrence FCU directly whether it considers start-up loans.
What are the typical down payment expectations for commercial real estate acquisitions?
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 St. Lawrence FCU what down payment it expects for your specific commercial real estate purchase.
Does this lender impose prepayment penalties on short-term working capital facilities?
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 St. Lawrence FCU to spell out any prepayment penalties before you sign.
Can I use loan proceeds from this lender to buy out an existing equity partner?
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 St. Lawrence FCU to confirm it qualifies and how to document it.
Will historical personal bankruptcies automatically disqualify my loan application here?
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. St. Lawrence FCU weighs this case by case under its own policy, so be upfront about your history and ask St. Lawrence FCU how it evaluates prior bankruptcies.
