Services
- Business Loan Origination
- Business Loan Participation
- Business Loan Underwriting
- Business Loan Documentation, Closing and Funding
- Business Loan Servicing
- Portfolio Management
- Business Loan Compliance
- Business Loan Marketing
- SBA Loan Packaging
- Business Loan Training
- Secondary Market Services
Products
Commercial Real Estate (owner occupied and investment)
Qualified business entity in business minimum of 3 years under same ownership. Financing for acquisition, construction, renovation or refinance of CRE. Generally $25,000 to 7,500,000 per transaction.
Lines of Credit
Qualified business entity in business minimum of 3 years under same ownership. Funds requested will lead to additional revenue generation. Generally $25,000 to $500,000. Contact CUSO if larger line is requested by member.
Machinery & Equipment Term Financing
Qualified business entity in business minimum of 3 years under same ownership. Funds requested will lead to additional revenue generation. Generally $25,000 to $2,000,000 per transaction.
SBA 7(a) Loans and SBA 7(a) Express Loans
SBA 7a loans can be used for a variety of owner/user business purposes, including - purchase, expansion, renovation or refinance of owner occupied real estate (a minimum of 51% occupancy is required); purchase, expansion, or refinance of machinery, equipment, furniture, fixtures and working capital.
SBA 504 Loans
SBA 504 loans are limited to financing land for purchase of acquisition or construction of an owner occupied building, expansion of an existing building or the acquistion of machinery and equipment with useful economic life of at least 10 years.
SBA 504 pilot program includes refinance of existing real estate debt maturing in less than 12-18 months. This pilot program expires 09/27/2012.
Micro Loan Program for loans less than $250,000
Qualified business entity in business minimum of 3 years under same ownership. Funds requested will lead to additional revenue generation. Generally for conventional business loan requests up to $250,000.