Each and Every Business is unique with its own goals and challenges. At USMFCU every single loan request is reviewed by a Member of our Business Loan Team and special care is taken to understand the needs of your Business.
We offer a wide Range of Lending Solutions Including:
- Fixed Rate Business Term Loans with Flexible Terms, Loan Funds can be used for:
- New and Used Commercial Vehicles
- Purchasing Real Estate
- Acquiring a Business
- Expanding your Current Business
- New Equipment
Required Documents to Start the Business Loan Process:
- Three years of financial statements including balance sheets and income statements
- Three years of complete business tax returns
- Interim financial statements if it has been more than three months since the fiscal year-end or if there have been significant changes in the business
- A completed Personal Financial Statement of all owners/partners
- Three years of personal tax returns (all schedules attached) and K-1's of all owners/partners A current Accounts Receivable and Payable aging (if applicable to your business)