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Business lending... from a credit union?

Leominster Credit Union wants to help your small business prosper. In partnership with Newtek Business Lending, a full-service, non-bank business lender that is distinguished for its broad array of lending products and customer-friendly application process, LCU now has a full array of lending products to meet your needs. Loans range from $3,000 to $5 million to both startup and existing businesses. LCU now provides SBA-guaranteed small business loans, accounts receivable financing, commercial real estate financing, business lines of credit, and business credit cards. We are dedicated to serving small to medium sized businesses.

 

Types of Loans Available


  • Open or expand a business or franchise: $25,000 to $2,000,000
  • Finance business expenses or working capital:
    • SBA term loans from $25,000
    • Accounts receivable financing from $10,000 to $500,000 per month
    • Lines of Credit from $5,000 to $100,000
    • Business Credit Cards
  • Purchase, refinance, or cash out owner-occupied or investment commercial real estate from $250,000 to $5,000,000
  • Purchase or lease equipment: $25,000 to $2,000,000
  • Refinance non-real estate business debt: $25,000 to $2,000,000

 

Characteristics of our Business Loans


  • Easy application process
  • Flexible loan terms
  • Competitive interest rates
  • One convenient, lower monthly payment
  • Reasonable collateral requirements
  • Prompt and efficient service

 

*IMPORTANT NOTICE
From time to time, Leominster Credit Union provides links to other websites for the use and convenience of our visitors. By clicking on the "Click here" link above, you will be leaving our website. Although we have reviewed this website prior to creating the link, we are not responsible for the content of this site. Information on this linked website page may become dated or change without notice. We do not represent or warrant that information contained on this linked page is complete or accurate. We suggest that you always verify information obtained from linked websites before you act upon such information.

 

978-537-8021
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Toll-free 800-649-4646