Business Lending

Commercial Mortgage Loans
Small Business Administration (SBA) Loans
Business VISA
Share Draft Loan Protection

Unsecured Line of Credit
Secured Line of Credit
Secured Term Loans
Vehicle Leasing


CFCU offers a wide variety of loans at low Credit Union rates and with flexible terms and repayment options to meet your needs. Loan decisions are made locally, and you can always count on unbeatable member service. Check out these money-saving products:

Commercial Mortgage Loans
CFCU can make financing of commercial and investment real estate a reality with competitive rates. You can borrow up to 80% of the value depending on the loan program. Flexible repayment plans are available with no pre-payment penalties. We also offer fixed-rate loans, see our First Choice and Second Chance rates for more details.

Small Business Administration (SBA) loans are available at CFCU, as well as other lending products. Just contact one of our Business Lenders at 607-257-8500.

Business VISA
With a low variable rate and credit limit up to $25,000, a CFCU Business VISA is a convenient way to make business-related purchases, handle travel/entertainment expenses and take cash advances. All purchases and expenses are conveniently itemized on one monthly statement for exact record keeping. There are no minimum finance charges. In addition, the annual fee is a low $15, which can be waived if you maintain Premiere Business Checking or a CFCU Mortgage. Plus you’ll enjoy extra benefits such as instant cash, travel accident insurance, emergency card replacement, travel and emergency assistance services, auto rental insurance and warranty services.

Review VISA Credit Card Disclosure information.

Share Draft Loan Protection
With this service, you don’t have to worry if you inadvertently overdraw your checking account. Share Draft Loan Protection backs up your designated checking account so you can avoid non-sufficient funds (NSF) fees. Featuring a maximum credit limit of $5,000, you have automatic access covering any overdraft up to that approved limit.

Unsecured Line of Credit
You can enjoy instant access to funds on an ongoing basis. One application establishes a revolving line of credit you can use over and over again. Borrow for short-term capital or cash flow requirements. For example, you can access your line to help out during times of slow cash flow, then repay when cash flow improves. You’ll have the money you need, whenever you need it, at an attractive interest rate.

Secured Line of Credit

Here’s a low-cost financing solution ideal for larger purchases such as financing inventory or dealing with cash-flow fluctuations. Because the line can be secured by a variety of potential business or personal assets, you can usually qualify for a higher credit line and lower interest rate. CFCU's Secured Line of Credit provides ongoing access to funds when you need them.

Secured Term Loans
A term loan provides a one-time lump sum with fixed monthly payments. It’s low-cost financing for longer-term needs such as business start-up or expansion, purchase of a business, inventory, materials, vehicles, equipment, permanent working capital, refinancing debt or financing receivables, to name a few. Many types of business assets can serve as collateral for this loan. It features a low Credit Union interest rate and flexible repayment options.

Vehicle Leasing
This program offers a cost-effective alternative to term loans for financing of new vehicles only. It’s a great way to acquire vehicles for business use without the large cash outlay required on the purchase. Benefits include significantly lower monthly payments and possible tax advantages.

For more information or to obtain a loan application for any of the following products, contact CFCU at 607-257-8500.