SBA - UT Federal Credit Union
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TOP SBA LENDER 2011-2019

UT Federal Credit Union is proud to be the top SBA lender in the state of Tennessee for four consecutive years.

SBA Preferred Lender

We specialize in SBA loans and are listed among the top 10 SBA lenders in Knox, Anderson, Blount, Loudon, and Union counties, so you can enjoy confidence in UTFCU as your local, small business experts. In fact, according the SBA, we are the only credit union in Knoxville to be designated as an SBA Preferred Lender.

Quick Loan Turn Around

Our strong SBA track record and preferred status allow us to approve your small business loan with streamlined review from the U.S. Small Business Administration in Washington, D.C. In-turn, this helps us process your loan quicker.


Business Eligibility

Your business is eligible for membership at UT Federal Credit Union if it is located in the five counties we serve, or if more than half its owners or employees are eligible for membership, or if you regularly conduct business in the five counties of our community charter. If your business doesn’t yet have any accounts or loans with UTFCU, we’ll process your membership request along with your SBA loan application.



SBA 7(a) Loan

The SBA’s primary business loan program helps qualified small businesses obtain financing when they might not be eligible for other business loans. The loan program can be used for a variety of general business purposes, including expansion and commercial real estate.


SBA Express Loan

The SBA Express loan provides a limited guaranty for term loans and revolving lines of credit up to a maximum of $350,000. The processing time is usually expedited over a regular 7(a) loan.


SBA 504 Loan

The 504 Loan Program provides long-term, fixed-rate financing for small businesses to acquire real estate, machinery or heavy equipment for expansion or modernization. These loans require as little as 10 percent down payment from the borrower.

SBA loans for Veterans

This loan is for veterans and members of the military wanting to expand a small business. Get more information on these small business loans at the SBA website.

  • Guaranteed in part by the U.S. government, Small Business Administration (SBA) loans can provide assistance not available with other types of loans and may be an excellent borrowing option for your business.

Schedule an appointment with a business services professional online or call 865-971-1971 or 800-264-1971 to find out if an SBA loan could work for you.