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Business Loan Services

Providing Business Lending Services in Partnership with Credit Unions

Bayer HFCU has partnered with Cooperative Business Services and other credit unions to provide business loans to our members. You now have access to business loan opportunities such as: commercial real estate, term loans, lines of credit, SBA 7(a) and SBA 504.
 
 

Commercial Real Estate

  • Purchase or refinance of commercial, industrial and/or investment property
  • Terms up to 10 years, amortizations up to 25 years
  • Fixed and variable rate options available
  • Loans up to $10,000,000 per transaction
  • Business Expansion Loans


Term Loans

  • Purchase or refinance machinery, equipment or other capital assets, permanent working capital, business acquisition, debt consolidation
  • Generally 12 to 180 month terms
  • Fixed and variable rate options available
  • Loans up to $2,000,000 per transaction


Lines of Credit

  • Available for any general business purpose
  • Line of credit facilities are generally reviewed on an annual basis
  • Rates are typically set at a floating rate over the Wall Street Journal Prime Lending Index
  • Loans up to $500,000


SBA 7(a) Loans

  • Business expansion, business acquisition, commercial real estate purchase, machinery & equipment purchase, working capital, and debt refinance
  • Terms up to 25 years
  • Variable rate spread over the Wall Street Journal Prime Lending Index
  • Loans up to $5,000,000


SBA 504 Loans

  • Land and building purchase, construction or renovation, and machinery & equipment purchase
  • Terms up to 20 years
  • Loans up to $5,000,000
 
We provide Business Lending Services through our partnership with Cooperative Business Services and other credit unions.
 
Contact our Bayer Heritage FCU Business Lending Group for more information:
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