X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Credit unions should raise a glass to the ongoing craft brewery expansion – and its implications for the SBA loan business.

Craft breweries now represent 12.2% of all beer produced in the U.S., up from 5.7 % in 2011, according to the Brewers Association. The nation is home to 4,225 craft breweries that sold $22.3 billion worth of beer in 2015 – a 16 percent increase over the previous year. And credit unions have been aided by the U.S. Small Business Administration (SBA), which offers breweries guaranteed loan repayment on SBA-approved loans.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.