Every business, no matter its size or how successful, needs a helping hand once in a while.
Merrimack Valley Credit Union is here to help with a variety of business lending solutions for your business. Our Business Lending specialty is SBA Loans, where we have won several highly competitive awards in the past three years. Unlike commercial banks, we focus on small businesses, including underserved small businesses. The key to our success with Business Lending—making a loan work, rather than offering a fast decline.
Lines of Credit
- Flexible way to manage expenses without jeopardizing your working capital
- Can be drawn upon as needed
- Competitive variable rates
- Interest-only payment program
- Asset-based account
- Take advantage of supplier discounts
Equity Term Loans
- Competitive fixed and variable rates
- Excellent way to purchase new or used equipment, upgrade equipment and improve facility
Commercial Real Estate
- Flexible terms up to 15 years
- Competitive rates
- Owner and non-owner occupied real estate
- 20-year amortization for property secured by owner’s non-residential business property
Want to see what Merrimack Valley Business Loan solution is right for your business? Talk to a Business Development Officer—call 800-356-0067 ext. 22927.