Lender · SBA 7(a) record
4Front Credit Union
MI · lends in 2 states · 196 SBA loans since 2010, 59 in the last five years.
How fast they approve. 4Front Credit Union made 12% of its recent 7(a) loans under Preferred Lender (PLP) authority and 22% through SBA Express; the remainder went through the SBA's general review. Ask whether your specific loan would be delegated or sent to the SBA. Why approval speed comes down to the lender.
What stands out about 4Front Credit Union
vs every other SBA lenderIt leans into one industry. 11% of 4Front Credit Union's loans go to all other miscellaneous retailers — roughly 5× the share you would expect, so it clearly knows that business.
4Front Credit Union lives at the small end. Its median loan is just $150k, well under the $347k typical of SBA lenders — one of the banks genuinely willing to write small.
Regional, not national. 98% of 4Front Credit Union's recent SBA lending is in Michigan. A borrower outside Michigan is not its usual customer.
This read is built from 59 funded 7(a) loans over the last five fiscal years; outside its core states the sample thins out, so weigh the rest accordingly.
Will they talk to you?
loan sizes fundedThe spread of loan sizes tells you where this lender is comfortable. Ask for something far outside it and expect friction.
Do they fund businesses like yours?
last 5 yearsA lender who already knows your industry asks better questions and closes faster. One who doesn't will treat your file as an education.
Lends conservatively
0.00% charged off against 2.11% across all SBA lending. Clean books usually mean tight credit standards. Good rates if you fit their box, and a quick decline if you don't.
What rate people got
median markup over primeThe median borrower here paid prime + 2.02%. Compare that against what you have been quoted — the markup is the negotiable part, and most borrowers never try.
Their loans, year by year
cumulative % of dollars charged off| Approved | Yr 1 | Yr 2 | Yr 3 | Yr 4 | Yr 5 | Yr 6 | Yr 7 | Yr 8 | Yr 9 | Yr 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 0.0 | 0.0 | 0.0 | 0.0 | · | · | · | · | · | · |
Each row is one year's lending. Read down a column to compare years at the same age — that is the only fair comparison, because losses take three to five years to appear and a fast-growing lender always looks clean on a raw average.
What this page cannot tell you
Federal records show what was approved, not how long it took, how the bank communicated, or whether your loan officer returned calls. Ask any lender directly: are you a preferred lender, how many deals like mine did you close last year, and who underwrites it.
Check your eligibility first → Decode what they say to you →
Lenders worth comparing against this one
Picked for writing loans of a similar size in similar places.
Common questions
Does 4Front Credit Union make SBA startup and acquisition loans?
Yes — its recent SBA 7(a) record includes 13 startups, 7 business acquisitions. If your deal is one of these, it has funded that kind of loan many times before. See how it ranks for your exact deal.
What is the smallest SBA loan 4Front Credit Union will make?
Its practical minimum — the 5th percentile of what it has actually funded — is about $49,500, and the typical (median) 4Front Credit Union loan is $150,000. If your loan is well below its practical minimum, it is unlikely to be interested however strong your file.
What interest rate do 4Front Credit Union SBA borrowers get?
On variable-rate loans, recent 4Front Credit Union borrowers paid a median of prime + 2.02%. The markup over prime is the negotiable part of any SBA quote. Check a rate you have been quoted.
What states does 4Front Credit Union lend in?
Most of 4Front Credit Union's recent SBA lending is concentrated in Michigan. Compare lenders by state.