When you need a quick business loan, you will receive prompt service and low rates at Shoreline Credit Union.
Whether you are expanding your business or need a line of credit, we have several commercial lending options for you.
As a business owner, you have many things on your mind. You can rest assured knowing we will do our utmost to get you the funds you need to manage your business. You may choose from several commercial lending options:
Commercial real estate loans
When you need to purchase, refinance, remodel or expand your real property, you may borrow funds with amortization terms of up to 30 years. Rates vary based on type of property, loan to value as well as term and loan amount.
Commercial assets
If you need to purchase equipment, inventory and/or refinance an existing debt, we can help by providing assistance with a commercial assets loan. Terms and rates vary based on type of assets used, term and amortization.
Commercial lines of credit
If your business experiences cash flow fluctuations, you will be relieved to know you have a line of credit to pay your expenses. We write and review lines of credit annually and can set them up for interest-only payments.
Single payment notes
You will find it convenient to make a single payment of principal and interest at the end of amortization when you need a short-term loan. This type of loan saves you the hassle of making multiple payments.
To help you save money and pay your loan off more quickly, we can arrange weekly or bi-weekly payments. For more information about our commercial lending options, please contact us.
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