Is Everwise Credit Union a good SBA lender?

Everwise Credit Union has funded 121 SBA loans totaling $241.1M in volume across 23 states, with an average loan size of $2.0M. The lender's default rate is 488.00%. Whether they are the right fit depends on your deal profile — loan size, industry, geography, and borrower credit. PeerSense matches your specific deal to Everwise Credit Union or one of 897+ alternatives based on closing probability + pricing.

What is the average SBA loan size at Everwise Credit Union?

The average SBA loan size at Everwise Credit Union is $2.0M, with a range from $20K to $5.0M. This profile suggests they are best suited for borrowers seeking larger institutional acquisitions and CRE deals.

What states does Everwise Credit Union lend in?

Everwise Credit Union actively lends across 23 states. Their highest-volume state is Indiana. Other top states include Illinois, Texas, Kentucky. Borrower geography matters: a lender's state penetration affects underwriting familiarity, valuation comps, and turnaround speed.

Does Everwise Credit Union fund franchise loans?

Yes — Everwise Credit Union has funded SBA franchise loans across multiple brands. Their highest-volume franchise concept is Urban Air Adventure Park, followed by QUALITY INN/QUALITY SUITES, HO, Fairfield by Marriott/Fairfiel, Comfort Suites by Choice Hotel. Lender-franchise familiarity matters: lenders that have closed multiple loans for a brand know the FDD inside-out, which speeds underwriting + reduces re-trade risk.

What industries does Everwise Credit Union prefer?

Everwise Credit Union's highest-volume SBA industry by NAICS code is Full-Service Restaurants. Other active sectors: Amusement & Recreation, Limited-Service Restaurants, Real Estate. Borrower industry matters: matching your deal to a lender with strong recent volume in your NAICS reduces underwriting friction and improves close-rate odds.

How does PeerSense match deals to Everwise Credit Union?

PeerSense matches your specific SBA deal to Everwise Credit Union based on five factors: deal size vs lender's average + range, your industry vs lender's NAICS history, your state vs lender's geographic penetration, your franchise brand (if applicable) vs lender's brand history, and your credit + experience profile vs lender's known underwriting box. We don't sell leads — we curate fit. No retainer; lender pays referral fee at closing.

SBA LenderIndianaActiveLarge Loans

Everwise Credit Union

SBA lender based in Indiana serving 23 states and 31 industries

Quick Answer

Everwise Credit Union has funded 121 SBA loans across 23 states and 31 industries. Their average loan size is $2.0M. Whether they are the right SBA lender for your deal depends on size, industry, geography, and credit profile — PeerSense matches your deal against Everwise Credit Union and 897+ alternatives based on closing probability + pricing.

Geographic Reach

23 States

Regional focus

Industry Coverage

31 Industries

Diverse lending portfolio

Lending Activity

Active

Large Loans focus

Top Lending States

Indiana#1

Illinois#2

Texas#3

Kentucky#4

Iowa#5

Tell us about your deal and we'll match you with the right capital source from our network.

Book a Call

Industry Focus Areas

Full-Service Restaurants

NAICS 721

Amusement & Recreation

NAICS 713

Limited-Service Restaurants

Why borrowers choose Everwise Credit Union

Everwise Credit Union is best suited for borrowers seeking larger institutional acquisitions, CRE, and equipment-heavy deals, with an average SBA loan of $2.0M. The lender's deepest industry experience is in Full-Service Restaurants, and their highest-volume state is Indiana. With 121 SBA loans funded across 23 states, they operate as a regional specialist anchored in Indiana. Their portfolio default rate is 488.00%. If your deal profile aligns with their underwriting box, this lender is worth a quote — PeerSense matches your specific deal against Everwise Credit Union and 897+ alternatives.

Recent SBA Activity at Everwise Credit Union

Franchise lending: Everwise Credit Union has funded SBA loans for multiple franchise concepts, with the highest volume in Urban Air Adventure Park, QUALITY INN/QUALITY SUITES, HO, and Fairfield by Marriott/Fairfiel. Lender-franchise familiarity reduces underwriting friction: brands the lender already knows clear faster and re-trade less.

Industry concentration: The lender's highest-volume SBA industries are Full-Service Restaurants, Amusement & Recreation, and Limited-Service Restaurants. Borrowers in these NAICS sectors typically see better terms and faster approvals.

Geographic concentration: Top markets are Indiana, Illinois, Texas, Kentucky, and Iowa. Lenders typically underwrite faster in states where they already have closing comps.

SBA Loan Programs Best SBA Franchise Lenders SBA Loan Calculator

Compare Everwise Credit Union to Similar SBA Lenders

Other SBA lenders headquartered in Indiana with similar deal-size profiles. Borrowers should always compare 3–5 lenders before committing.

Indiana · SBA Lender

First Internet Bank of Indiana

2,006 loans$1.3M avg49 states

View profile

Indiana · SBA Lender

Merchants Bank of Indiana

486 loans$1.1M avg37 states

View profile

Indiana · SBA Lender

Old National Bank

8,155 loans$409K avg39 states

View profile

Indiana · SBA Lender

1st Source Bank

2,786 loans$142K avg13 states

View profile

Indiana · SBA Lender

First Savings Bank

1,651 loans$645K avg49 states

View profile

Browse all 897+ SBA lenders

Looking for SBA Financing?

Tell us about your deal and we'll match you with the right capital source from our network. PeerSense uses proprietary data on lender track records to find the best fit for your industry, location, and loan size.

Get Matched Free Contact Us

About Everwise Credit Union SBA Lending

Everwise Credit Union is an SBA lender headquartered in Indiana. PeerSense tracks this lender's SBA lending activity, including approval trends, geographic coverage, and industry specializations.

Everwise Credit Union serves borrowers across 23 states and 31 industry sectors with a regional lending focus. To find out whether Everwise Credit Union is a good fit for your specific deal, reach out to PeerSense for a free lender match.

PeerSense maintains detailed performance data on hundreds of SBA lenders to help borrowers and brokers identify the right capital source. Rather than spending weeks researching lenders on your own, book a free call and let our team match you with lenders who have a proven track record in your industry and geography.

Back to All Lenders

Everwise Credit Union Get a Quote