Business Lending
No matter how long you've been in business, the challenges of running and growing a successful operation never end. Sometimes you need to invest in property, vehicles, equipment, and services to take your business to the next level of success.
At NECU, we understand these challenges and we listen to your needs. We will work with you to build a relationship and find the right solutions to help you build your business. Take a look at the Business Lending programs we offer, below. Contact us online or at 1.888.436.1847 to learn more.
| Commercial & Investment Real Estate Lending |
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Northeast Credit Union specializes in commercial real estate financing. Our loans are designed for businesses interested in acquisition or refinancing, or improving or expansion of an existing facility.
Investment and Rental Homes Financing
Northeast Credit Union now offers mortgage financing for 1-4 family non-occupied properties. Eligible properties include: single family dwellings, multiple family dwellings with 1 to 4 units non-owner occupied. Loan amounts are up to $417,000 for single family, and $801,950 for multi-unit properties. Terms of up to 30 years at a fixed rate.
For complete details, please contact a Mortgage Specialist at 1.888.436.1847.
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| Vehicle & Equipment Financing 1 |
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| Term loans are generally used for the purchase of large ticket items, such as vehicles or equipment. For tax purposes, interest may be deducted as a normal business operating expense.2 And, a steady amortization schedule helps you budget your expenses. |
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| Secured Lines of Credit3 |
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| Generally, lines of credit are used for working capital, such as purchasing inventory or managing accounts receivable. A line of credit provides you with the flexibility of having quick access to cash when you need it. |
Other Products and Services For Consideration
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