Helping your business grow
Great ideas in business need money to grow. Community Choice Credit Union can provide you the resources to make your ideas become a reality. Our Business Services team will help identify your goals and create a plan to reach your desired outcome.
|Long-term loans||Short-term loans||Lines of credit||Commercial real estate loans||SBA loans|
|Lower loan interest rate||Yes||Fixed and adjustable||Fixed and adjustable|
|Higher loan interest rate||Yes||Yes|
|Terms||Up to 36 months||Up to 20 years||Up to 10 years (25 for real estate)|
Need access to a decent amount of cash for a large project? Our long term loans have low interest rates with monthly installments.
Short term loans are commonly used for smaller projects requiring less than $100,000. These loans have slightly higher interest rates and are due at the end of the specified time.
Lines of credit are a continuously available loan, similar to a credit card. Like credit cards, they can have higher interest rates and are best used for short-term purchases.
When you’re looking to purchase or refinance commercial real estate, including office, industrial and commercial use property, rely on our commercial real estate loans.
SBA loans can be an effective way to expand your rapidly growing business and are offered in a variety of loan types. One of our Business Services team members will help you decide which SBA loan might be the right fit for you.