Columbia Credit Union has been designated as a Preferred Lender by the U.S. Small Business Administration (SBA)

Vancouver, WA – Columbia Credit Union has been designated as a Preferred Lender by the U.S. Small Business Administration (SBA). The Preferred Lender status allows Columbia to approve SBA guaranteed loans with minimal review from the SBA, and “gives business members faster loan application response,” said Coletta Bruce, Columbia Vice President of Business Lending.

To earn the designation, lenders must establish a successful track record and display a thorough understanding of SBA lending policies and procedures. “Preferred Lender status is the SBA’s premier accreditation,” said Dennis Lloyd, SBA Director of Lender Relations, Portland District office. “This
puts Columbia among the top lenders in the area.” Columbia is listed among the top 20 SBA lenders in the Portland-Southwest Washington market.

Columbia Credit Union’s business lending department has over 150 years of combined experience and specializes in SBA lending. “We stay current on all SBA lending information and issues,” said Bruce. “We’re dedicated to helping Southwest Washington small businesses find the financing that works best for them.”

For more information on Columbia Credit Union’s business lending or SBA loan program, please visit www.columbiacu.org or call 360.619.3060.