Locus Bank, Inc.

Locus Bank, Inc. is a Virginia-headquartered Community Development Financial Institution (CDFI) and SBA Preferred Lender that has operated for over two decades. As a limited-purpose, mission-driven bank, it focuses on financing underserved markets and community development projects at a national level. Its product lineup spans lines of credit, term loans, commercial real estate financing, construction finance, and equipment finance, alongside credit enhancements and specialized lending in areas such as housing, clean energy, and food systems. Because Locus Bank operates with a community development mandate rather than as a conventional commercial lender, it appears best suited for businesses and projects that align with its mission — particularly those in underserved geographies or impact-oriented sectors. Minimum credit, revenue, and time-in-business requirements are not publicly disclosed, so prospective borrowers should reach out directly to assess eligibility. Its SBA Preferred Lender status suggests a streamlined SBA loan process compared to non-preferred lenders.