VACAVILLE, Calif. — Although relatively new to business lending,Travis Credit Union has still managed to earn the Small BusinessAdministration's Preferred Lender status.

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The $1.7 billion credit union will now be able to process SBAloans much faster including a one-day turnaround on applications.According to SBA, financial institutions must show a proficiency inprocessing and servicing SBA-guaranteed loans in order to earn thePreferred Lender status.

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Dave Purcell, vice president of business services and realestate lending at Travis CU, said the new designation will go along way in improving service to business members.

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Travis CU rolled out its business lending program in October2004.

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