Truliant Remains Number One in SBA 7(a) Origination Loans Among Credit Unions
WINSTON-SALEM,
N.C. (October 16, 2025) – Truliant Federal Credit Union announced today that it
is the number one credit union originator of Small Business Administration
(SBA) 7(a) loans for the second year in a row.
As
of September 2025, the close of the SBA’s fiscal year, Truliant made
significant strides in the lending landscape, ranking 31st among all lenders
nationwide. This year, the credit union approved $224 million in SBA 7(a)
loans, with an average loan size of $1.3 million. This marks a 24-position leap
from last year, when Truliant ranked 55th with $104 million in approved loans.
The
7(a) loan program is the SBA's primary business loan program for providing
financial assistance to small businesses. Truliant is the third-largest North
Carolina-based originator in the category, which includes state banks.
“This
is fantastic news for Truliant’s SBA team,” said Don Jackson, senior vice
president of SBA lending at Truliant. “With our expanded team in place,
including a national group of experienced business development officers who
specialize in structuring SBA loans, we are poised for success and ready to
serve the needs of small business owners.”
Since
joining Truliant in 2020, Jackson, who leads the SBA team, has focused on
national production, emphasizing controlled growth to maintain high-quality
service.
Credit
unions are a significant source of SBA loans, which offer lower down payments
and longer repayment terms compared to traditional loans. Truliant’s SBA team
guides business owners through the borrowing process, structuring customized
loans to meet their needs. The team supports small business owners and aspiring
entrepreneurs through owner-occupied commercial real estate lending, business
acquisitions, and partner buyouts up to $5 million.
About Truliant Federal Credit Union
Truliant is a mission-driven,
not-for-profit financial institution based in Winston-Salem, N.C. It improves
lives by providing great service and straightforward financial solutions.
Truliant was chartered in 1952 and serves 336,000+ members. A top 100 U.S.
credit union, Truliant has more than 35 branches in North Carolina, South
Carolina, and Virginia. For more information, visit www.truliant.org.