SBA Lending Programs
Ever dream of starting your own business or growing the one you have, but don't know where to go for the funding?
Try our Small Business Administration 7(a) Loan Program. It's a government guaranteed lending program for your existing business or a start-up company. This loan program includes financing for working capital, machinery, equipment and commercial real estate. Whether you are starting a business, expanding one, or purchasing one, the SBA 7(a) guarantee enables the credit union to increase its lending ability.
Benefits to You:
You will save time with our simple application process. We relieve most of your burden by completing all the applications and forms for the SBA.
You will get the financing you need to accomplish your business goals. Up to $2,000,000 in funding is available for most uses, including start-ups and expansions.
You will appreciate the flexible collateral structure, as well as lower payments, the availability of fixed and floating interest rates and no prepayment penalties.
You can get longer term financing on fixed assets if necessary but no balloon payments are allowed.
Payments can be made at any credit union branch.
The SBA 504 loan program is also available for land, building, and equipment financing.
I was blown away with all that I could save. They ended up savings me $5,025! It sounded too good be true! I couldn’t believe it! It was perfect timing!Indianapolis, IN