Business lending... from a credit union?
Leominster Credit Union offers a selection of flexible and affordable lending products to meet the evolving needs of today's businesses. Our expert lending professionals will work closely with you to determine which loan is best for you and your business.
Bring completed application and two (2) years business and personal tax returns to any LCU branch.
For additional information, contact Heather Dumais, AVP Business Lending at 978-466-7375 at hdumais@leominstercu.com.
Business Term Loans
Fixed monthly payments and competitive rates allow you to affordably grow your business. Term loans can be used for a variety of purposes including:
- Vehicles
- Equipment
- Machinery
- Remodeling or renovation
- Refinancing existing debt
Business Lines of Credit
Easily accessible source of cash can help you handle seasonal, cyclical or other short-term business needs. Lines of credit are also ideal for:
- Unexpected expenses
- Capital improvements
- Inventory
- Accounts receivable
Commercial Real Estate Loans
Flexible financing plans make it easy to purchase or refinance the properties you want, including:
- Multi unit commercial and/or residential units
- Stand alone commercial buildings
- Owner/non owner occupied
Benefits of our Business Loans
- No prepayment penalty
- Competitive interest rates
- Flexible loan terms
- Easy application process
Membership at Leominster Credit Union is easy!
- You must live, work, or have business in Worcester, Middlesex, Norfolk, Hampden, Franklin, or Hampshire Counties in Massachusetts.
- You must maintain a minimum of a $25.00 deposit account.