1st Community Federal Credit Union provides Lines of Credit to support your business needs such as inventory purchases, pending accounts receivable, and up-front operating expenses.
Line of Credit Loans
Loan Type | APR * as LOW as: (Purchase or Refinance) | Maximum Amount Financed: | Maximum Term: |
---|---|---|---|
Various Lines of Credit and operating loans are available (must be secured by adequate collateral. See loan officer for more details) | 5.50% APR * | Varies based on collateral | 24 months |
- * Rates are determined by risk, collateral, term and capacity of the business to service their debt. Origination fees will range between .50% and 1.0% for Line of Credit Loans. All Rates subject to change. We are an Equal Credit Opportunity Lender and an Equal Housing Lender. Member NCUA. APR – Annual Percentage Rate