Get local, expert guidance from experienced lenders who think bigger than loans or lines of credit.
We build lasting relationships based on trust, cooperation, and consistency. Because every business is unique, we work to develop a thorough understanding of your history, industry trends, cash flow, and your specific financial goals. From there, we can confidently recommend lending and credit strategies catered to your financial situation and business objectives.
We offer a wide variety of products to fit your needs, including SBA 7a, 504 and USDA B&I Loans. Our business experts will take the time to recommend a product to fit the unique needs and goals of your business, and no matter the recommendation, we always lead with relationship first.
Small Business Administration (SBA) and USDA Business & Industry Guaranteed Loans
Solarity partners with the US Small Business Administration 7a and 504 programs and the US Department of Agriculture (USDA) B&I programs for small businesses. These programs assist the credit union in making loans to creditworthy small businesses that might not fully qualify for conventional commercial financing on terms and at rates beneficial to the small business owner.
Consult with one of our business experts for sample rates.
The Solarity difference
Here’s how we get to know you
Our process is more consultative than many expect. We don’t pull products and solutions for your business out of thin air. Before we can make sound, individualized recommendations, we invest the time to thoroughly understand your company’s history, current financial challenges, future goals, and how you fit into the competitive landscape of your industry. When we meet with you, we will spend the time to learn about your business in the following areas.
Understand your financial situation
What does your fiscal performance look like? We’ll review balance sheets, profit and loss statements, cash flow statements (collections and disbursements), transfers within the company, investments, and tax records for at least the past three years.
What’s getting in the way of you reaching your current goals? Let’s discuss day-to-day operations, obstacles, and examine how they are shaped or even compromised by any financial hurdles.
What changes are you noticing in your industry? Let’s step back and look at the big picture by comparing trends you’re noticing with our own research using the latest industry financial statement spreading software to determine your financial performance ratios. Then we can provide long-term recommendations and start developing a plan with you.
Long term Goals
Where do you see your business in three to five years? We break down your fiscal goals, industry trends and roadblocks to formulate a comprehensive plan.
Solarity has always been a great place to bank for my business. Personal, local, established, consistent, friendly and efficient—I have always found them to be incredibly understanding and willing to work with me whenever I've had a problem.”