Ventura County Credit Union ranked as leading SBA lender
VCCU is top-ranked SBA lender overall in Ventura County and top-ranked credit union in LA district
VENTURA, CA (November 12, 2019) — Ventura County Credit Union (VCCU), a not-for-profit financial institution, is now the top-ranked credit union in Small Business Administration (SBA) 7(a) lending within the Los Angeles district. In addition, VCCU is the top SBA lender out of all financial institutions headquartered in Ventura County.
These rankings come from the Los Angeles District Office SBA Lender Ranking Report, and this is VCCU’s third consecutive year earning the top spot among Ventura County-based financial institutions.
“It is an honor to be ranked at the top of this list because it means we are making a real difference in our community,” said Edmond Sahakian, VCCU’s vice president of business and home loan services. “We are helping to provide lending solutions that improve peoples’ lives by empowering their ambitions, creating jobs and bringing new business resources to our neighborhood. We look forward to continuing to support our local business community for years to come.”
The SBA partners with organizations that give loans to small businesses, setting guidelines for loans and offering guarantees that minimize risk for lenders. VCCU is a preferred SBA lender, which gives the credit union greater independence and authority over loan approvals than standard SBA partners. This, in turn, allows the credit union to provide faster service for people seeking SBA loans.
To apply for an SBA loan with VCCU, business owners should call 805-477-4000 or visit one of VCCU’s eight branch locations. For more information about VCCU and its lending services, please visit https://www.vccuonline.net or email SBAloans@vccuonline.net.
About Ventura County Credit Union
Ventura County Credit Union was chartered in 1950. It is the largest credit union headquartered in Ventura County, with eight offices, more than 80,000 members and more than $900 million in total assets. VCCU offers a complete line of loans, federally insured savings, 24-hour electronic access services and more. Call 1-800-339-0496 or visit https://www.vccuonline.net for more information.