Loan Products

Equipment, Lines of Credit, Trucks-Vehicles, Facility Purchase/Refinance/Construction/Renovation

With CU First Responders Finance, a DBA of Biz Lending & Insurance Center, Inc. (CUFR) municipalities and volunteer departments, business owners, investors, corporations, not for profits and associations will find a trusted lending partner with CUFR’s credit union partners. Our credit unions offer loan features that many other financial institutions are not able to provide.

Our goal is to quickly and efficiently generate a loan decision.

Send your next loan opportunity to CUFR and find out why working with credit unions makes sense for:

Term Loans

Term loans are short or intermediate financing options that are used to finance a business need for a specific amount of credit over a set period of time. Term loans can be used to:

• Purchase equipment – Apparatus/PPE/Communication all business needs
• Finance assets
• Acquisitions
• Purchase vehicles
• Funds available for various business needs
• Fund business growth or expansion

When you need a fixed-term loan using the equity in your existing commercial property, look no further than our competitive business term loans. These loans offer the following benefits:

• Secured and unsecured options available
• Fixed or variable interest
• Repayments based on a predetermined schedule
• Variety of terms available
• Set up automatic payments through your credit union business checking account

Commercial/Multi-Family/Mixed Use Mortgages

• Purchase or refinance commercial real estate
• Construction, renovation, remodeling, lease improvements
• Competitive Rates
• Variety of Terms
• Conventional or SBA
• Up to 80% LTV, cash out options
• No early termination penalties

Commercial Real Estate Secured Lines of Credit

Looking to grow your business? Obtain the additional funds you need for your business to succeed with a secured commercial equity line of credit. This allows you to tap into the equity of your eligible commercial property, using the property as collateral. These lines of credit feature:

• Financial flexibility for purchases
• Covers cash flow needs
• Competitive rates
• Multiple pay back term options
• No early termination penalties
• Construction Loans

Have a new project in mind? Or need to remodel your current facility? Ideal for municipal or volunteer departments, investors, businesses, developers and contractors, our construction loans include the following benefits:

• Multiple disbursements
• Simple access to funds
• Add a level financing option
• Land acquisition financing

Lines of Credit – Working Capital

A revolving line of credit may be the best financing option for those short-term cash flow needs. A line of credit gives an opened-ended access to a predetermined amount of credit. Lines of credit, both secured and unsecured, are available for business needs such as:

• Working capital
• Funding payroll
• Purchasing supplies
• Business emergency
• Seasonal inventory purchase
• Bridging the gap between accounts receivable and accounts payable

In purchase situations where you need additional cash flow, CU First Responders Finance Credit Union(s) may be able to issue a letter of credit to cover the full or remaining amount of the purchase.

Contact us today!