Digital Banking is experiencing Device Registration and Secure Access Code (SAC) delivery issues. Mobile users who are unable to proceed past the SAC screen should uninstall and re-install the Visions FCU Mobile app to resolve the issue. For more information, navigate to https://visionsfcu.org/digital.

Please note that we have planned maintenance scheduled for the week of June 30th. You may experience slower transaction processing during this time. We appreciate your patience.

Business Loans and Lines of Credit

Introduction

Looking for a solution catered to your company's needs? Our lending experts work with you to create a package that matches your needs with your cash flow.

Our experts are your neighbors, so they know you and your company. They'll always put your needs first.

General Information

  • Maximum loan to value is based on loan type. Please contact credit union for details
  • Visions requires most member business loans to be secured
  • NCUA regulations require all principals and/or shareholders to guaranty all loans
  • Businesses, nonprofits, and clubs may qualify – learn more about business requirements
     

Financial and Supplemental Information Requirements

  • Three years financial statements including income statements and balance sheets – either accountant prepared or tax returns
  • Interim financial statements, balance sheet, and income statement dated within 90 days of application
  • Three years of personal tax returns on all principals and guarantors
  • Current personal financial statement on all principals and guarantors
business handshake

Business Loan Types

Commercial Real Estate Mortgages – Long-term financing to buy new properties or plan, improve, or refinance existing properties. We offer both permanent mortgages with flexible terms with a variety of loan rates, or interim construction loans in conjunction with permanent financing.

Business Term Loans – To finance a fixed asset purchase, such as equipment, fixtures, or vehicles. You can also finance permanent working capital for business acquisition or expansion. We offer a variety of rates with flexible terms.

Single Payment Short Term Loans – The total principal is due at a fixed maturity date, usually a year or less. Great for inventories, receivables, or specific projects.

Visa Business Cash Rewards – For information on this great Visa® option for our business owners and nonprofit organizations, click here.

Lines of Credit – Immediate short-term funds to help meet seasonal commitments or carry operations during a cyclical low point. They help during cash conversion cycles. They have a maximum period of a year, and may be subject to annual review and 30 consecutive-day pay down period. 

Apply now!

Visions Federal Credit Union cannot open accounts for local governments or businesses/organizations that deposit public and/or municipal funds.