BrightBridge Credit Union

Lawrence, MA7(a) lenderNo approvals since FY2024Top sector: Landscaping Services

Is this my lender?

Loans approved

158

FY2006–FY2024

Dollars approved

$13.7M

$105K since FY2021

Average loan

$86K

$53K recently

Charge-off rate

10.1%

by dollars · 13.3% by count

Approvals over time

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What they lend against

Landscaping Services11 General Freight Trucking, Local10 Beauty Salons6 Offices of Physicians (except Mental Health Specialists)5 Residential Remodelers5 Electrical Contractors and Other Wiring Installation Contractors4

Loan count by NAICS industry, whole record. Each row opens that industry’s profile, where this lender is ranked against everyone else writing it.

Where they lend

Massachusetts116 · 73%New Hampshire40 · 25%Indiana1 · 1%Maine1 · 1%

Share is of this lender’s entire book, so the 4 states shown need not sum to 100%. Together they account for 100% of its lending.

At a glance

Rank by recent volume#1704 of 2321

First approvalFY2006

Latest approvalFY2024

States lent into4

What they charge

Too few recent 7(a) loans to quote a rate, 1 since FY2024. Rates cluster on round numbers, so a median off a handful of loans reads as precise and is not.

Program mix

7(a) · 100% (158)504 · 0% (0)

Split by loan count.

7(a) $13.7M504 $0

Loss rate in context

This lender10.1%

Both programs, all lenders4.6%

Charged-off dollars over dollars approved. By loan count this lender is at 13.3%; the two measures diverge when a book is weighted toward small loans.

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