SAN JOSE, Calif. – Technology CU said it has been named a “preferred lender” for U.S. Small Business Administration guaranteed loans.
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With preferred lender status, Tech CU will document and process SBA loan requests on behalf of the SBA, streamlining the application process and reducing the time between a request and funding for a business.
Tech CU’s Business Banking division will handle the applications, processing and servicing for the SBA loans, which range from $25,000 to $5 million.
