Loans
MBFS can assist you with various types of commercial loans, including but not limited to:
Commercial Car & Truck Loans
Vehicle loans for commercial purposes
Lines of Credit
Used for assisting businesses with working capital needs.
1-4 Family Investment Real Estate Loans
These are loans to individuals or entities that invest in residential properties with one to four units. These investors focus on properties that are often easier to manage and finance compared to larger commercial investments. This first lien position loan is a niche that fits the credit union space quite well.
Construction loans
A commercial construction loan is a business loan that helps a company cover the costs associated with building or
renovating commercial properties.
SBA loans
A Small Business Administration (SBA) loan is a business loan that’s partially guaranteed to the lender by the U.S. Small Business Administration. SBA loans are designed to help small businesses access funding that’s similar to what larger businesses can get, such as: low interest rates, long repayment terms, and flexible underwriting criteria.
Term loans
Used for equipment, inventory, business expansion or working capital.
Commercial Real Estate Loans
Loans for Commercial real estate (CRE) refers to a loan for any income-producing real estate that is used for business purposes; for example, offices, retail, hotels, and apartments. These can be owner occupied or non-owner-occupied properties. These are typically first lien position loans.
Need more information?
Reach out to us and we’ll be happy to answer your questions!