Business Loans with Lower Down Payments
Great Basin Federal Credit Union cares about the residents of Washoe County. We care about the success of the businesses and people who live in our community and want to do everything we can to help you succeed. Because of this, we are honored to help you and your business succeed with our Member Business Loans. As an established business lender, we are able to offer our members the advantage of longer terms, lower down payments, and highly competitive rates. Below you will find each of the three different types of business loans we offer and how they can be beneficial to your business needs.
Business Lines of Credit
With this type of business loan, Great Basin Federal Credit Union will provide your business with flexibility for temporary and any ongoing working capital needs you may have. When you take advantage of a business line of credit loan, you will be allowed to re-borrow and repay as often as your business needs it. Once your loan has been approved, this is the ideal type of loan for quick working capital.
Business Real Estate Loans
This type of loan is ideal for a business owner who is interested in purchasing, constructing, or renovating commercial real estate. We can offer business owners longer terms than with a traditional loan. If you’re a business owner who needs to purchase their own commercial space, this is the ideal loan for you. As with all of our loans, we will provide you with competitive rates on the loan amount you are in need of.
Asset Acquisition Loans
An asset acquisition loan is a type of business loan that is designed to help you purchase inventory, machinery, equipment, furniture, vehicles, and business buyouts. This type of business loan can also be used to acquire fixed assets for your business. If you are expanding or just getting started this is the type of business loan that can help you launch your business. If you are an existing business and simply need to upgrade your equipment, you should definitely consider how this loan can help you.Share: