Magnifi Financial CU
Not-for-profit credit union open to anyone who lives or works in 32 different counties in Minnesota, North Dakota, and Wisconsin, providing member-focused financial services.
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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (17 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
Magnifi Financial CU ranks #174 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of Magnifi Financial CU’s 7(a) acquisition lending falls in the $0-$500K range: 15 loans, 88.2% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 15 | 88.2% | |
| $500K-$1M | 2 | 11.8% |
Industries with highest loan volume
Limited-Service Restaurants
7
loans
$286K
avg. amount
Full-Service Restaurants
4
loans
$382K
avg. amount
Snack and Nonalcoholic Beverage Bars
2
loans
$207K
avg. amount
Other Personal Care Services
1
loans
$150K
avg. amount
Fitness and Recreational Sports Centers
1
loans
$355K
avg. amount
Retail Bakeries
1
loans
$95K
avg. amount
All Other Amusement and Recreation Industries
1
loans
$198K
avg. amount
10-Year
2.9%
Percentile Ranking
91th
91th percentile
Magnifi Financial CU’s median variable rate is + 2.75%, against a market median of Prime + 1.88%, 88 above market.
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.77% |
| $500K-$1M | Prime + 2.75% |
Magnifi Financial CU has originated 7(a) acquisition loans in 12 states, most actively in Florida (4), North Carolina (2) and Georgia (2). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| Florida | 4 | 23.5% |
| North Carolina | 2 | 11.8% |
| Georgia | 2 | 11.8% |
| Texas | 1 | 5.9% |
| California | 1 | 5.9% |
| Pennsylvania | 1 | 5.9% |
| Minnesota | 1 | 5.9% |
| Wisconsin | 1 | 5.9% |
| Ohio | 1 | 5.9% |
| Alabama | 1 | 5.9% |
| Vermont | 1 | 5.9% |
| Indiana | 1 | 5.9% |
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