Business Loans
If you own a business and you’re looking for a partner to help you grow, look no further than Monroe Community Credit Union. As a local, member-owned financial institution, banking is what we do, but supporting our community is our passion.
Current business members with commercial loans click here to access your loan online.
Commercial Real Estate Loans
- Competitive rates and terms
- Secured by a commercial property, such as an office building, warehouse, retail center
- Can be owner or non-owner occupied
Secured or Unsecured Term Loans - A great option for business owners looking for the predictability of a set monthly payment.
- Set monthly payment
- Great option if you're making a one-time purchase
- Allows you to spread out the cost of equipment required to run your business
- Gives you the opportunity to take advantage of new
Line of Credit - May be a better fit if you're looking for flexibility and the ability to purchase business necessities for your company on an ongoing basis.
- Revolving and closed-end options available
- Great for financing periodic, short-term financing needs
- Allows you to control your business cash flow
- Gives you easy access to working capital
- Flexibility for seasonal purchases
- Gives you the opportunity to purchase inventory in bulk
- Only pay interest on the amount you use--unlike a traditional loan
Platinum Business Mastercard – Qualified by personal income and personal credit score to acquire a personal loan used for business purposes.
- Lines of credit available starting at $500
- Keep things organized and make business purchases on one card
If you would like more information about our business lending solutions, please contact our Business Development Officer, Brian Millican, at:
(734) 384-2716 or bmillican@monroecommunitycu.org