BANKING ON YOU TM

Business Loans

We’re Proud to be a CDC 504 (SBA 504) Participating Lender

As an SBA 504 participating lender, West Community Credit Union can provide approved small businesses with long-term, fixed-rate financing used to acquire real estate and fixed assets for expansion or modernization. 504 loans are made available through Certified Development Companies (CDCs), SBA's community-based partners for providing 504 loans.

Commercial Real Estate Loans

Our commercial loan program provides construction to permanent financing, and refinancing funds for stabilized multi-family projects, offices, industrial, retail shopping center and healthcare buildings with  lending options up to $3 million, and amortizations up to 25 years1.  Our commercial lenders will help make the complex commercial real estate process as simple as possible. Contact us to help with your purchase or refinance of:

  • Existing buildings
  • Improvements, parking lots and landscaping
  • Construction of new facilities or modernization, renovation or converting existing facilities
  • Long-term machinery and equipment

Construction Loans

Our construction loan process provides you with the lending expertise you need.  Our commercial lenders will help make the complex construction loan process as simple as possible.

Some of the benefits of SBA Construction Loans Include:

  • A 10% down payment or equity injection for commercial construction projects
  • The ability to finance construction costs, closing costs and soft costs, including interim construction interests, architectural fees, surveys, title insurance, engineering and more
  • Option to initially lease up to 40% of your constructed space
  • The ability to finance the cost of long term machinery and equipment
  • Long term amortizations

Equipment and Machinery

At West Community Credit Union, we can help you with the equipment and machinery you need to maximize your productivity and profits. We finance all types of machinery and equipment for your specific needs.

Some of the benefits of SBA Equipment and Machinery Loan Include:

  • Low, competitive rates and fees
  • Terms up to seven years
  • No annual fees
  • 20% cash injection/down payment required for this program

Lines of Credit

In addition, we offer line of credit options for funds when you need them with competitive rates and quick turnaround:

 

TO APPLY

Print and complete a Business Loan Application and email Richard Dillard, Director of Business Services, or call Richard at (636) 720-2420 to get started.

Loan Application


Other Business Services

We can also help with:

 1 Single Family Investment Loans also available.