Credit Services
Your Credit Union can offer credit solutions that will allow you to access credit to run, develop and to grow your business. Your Credit Union offers five credit products that can be customized to suit the needs of your business:
- Business Loans
- Business Lines of Credit
- Business MasterCard
- Business Mortgages
- Small Business Overdraft
Our application process and information requirements are streamlined and easy to understand. In many cases, credit decisions are typically made within two to three business days. Once your credit is approved, there are usually only a few documents to sign. We recognize the value of your time.
Term Loans – Helps you manage capital improvements or to make one-time major purchases. Your Credit Union’s fixed-rate loan can give you the power to buy what you need with loans starting at $30,000. Consider the fixed-rate flexible pay schedule: weekly, bi-weekly or monthly.
Small Business Overdraft – This $5,000 overdraft allows you to protect your business against unexpected cash shortages. The application process is quick and easy. This will provide you with peace of mind by protecting your credit rating.
Business Credit Card – You can choose the right type of card that is right for your business. Through the MasterCard Merchant service, credit card sales can be deposited to your account. The card is available to credit union commercial members for routine business expenses. This provides you with a simple way to pay for purchases and manage your business expenses.
Business Operating Line of Credit
This is a revolving credit to finance your day-to-day operations. It allows you to access money when needed for daily operating expenses, equipment purchases or to help during seasonal cash flow fluctuations.
Business Mortgages
