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Business Loans - Commercial, SBA, Credit Card | RBFCU - Credit Union
Business Loans - Commercial, SBA, Credit Card | RBFCU - Credit Union
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Business Loans
Loans that keep your business running
Our Business Lending Team can provide affordable solutions for your borrowing and business financing needs. If you're seeking a loan to build or expand your business, we have resources available for you. Our loan options can help you finance property,
acquire a business, purchase equipment or vehicles, provide working capital and more. Whatever your business needs, we have options that can work for you.
Lending options we offer our business members include:
Commercial real estate loans
RBFCU can help you buy, build or invest in property that will help your business grow.
USES:
Owner-occupied
Retail
Investment property
Single family investment
Multi-family investment
Construction for commercial use properties
BENEFITS:
Competitive rates
Finance up to 80% of property value
One-time close on construction loans
SBA Loans
Backed by the government, these loans provide borrowers additional opportunities to build businesses.
Learn more about SBA loans.
USES:
Business acquisition
Equipment
Specialized commercial vehicles
Commercial real estate purchase/renovation
Construction
Franchises
BENEFITS:
7a and 504 loan options available
Lower down payments
Longer term options
Business Credit Card
Use your card to provide cash flow for your business and get rewarded for it.
Learn more about our business credit card
USES:
Separate business expenses from personal expenses
Complete transactions quickly and easily with other businesses around the world — and online!
BENEFITS:
2% cash-back rewards
25-day grace period on purchases
No annual fee
Commercial Vehicle
RBFCU can help keep your business on the road to success whether you have one or several vehicles.
USES:
Individual vehicles
Passenger-type vehicles
BENEFITS:
Competitive rates
Up to 125% financing on qualified vehicles
Business Line of Credit
Gives you the ability to borrow money when you need it.
USES:
Separate business expenses from personal expenses
Easy access from
Online Banking
, by phone or at a
branch
BENEFITS:
Flexibility — withdraw as much or as little funds as you need
Specialized Collateral and Equipment Loans
RBFCU can help ensure you have what you need to drive your business forward.
USES:
Transit vans, 18-wheelers
Equipment and specialty items
Construction equipment, medical equipment, machinery and more
BENEFITS:
Competitive rates
Up to 80% financing on qualified collateral
Interested in connecting with a Business Lending Specialist? Contact us:
What we consider when evaluating a business lending request
Business standing
Our lenders consider your business history, current business standing and the type of loan you desire. For some loan types, including
SBA loans
, you may also be required to provide a business plan highlighting your projected financial statements, including profit and loss, cash flow and balance sheet.
Collateral
The loan you are able to secure may depend in part on the collateral you have available to put up against the loan value. You may want to prepare information regarding the value of potential collateral items as part of the loan process.
Financial standing
To determine your business’ creditworthiness, our lenders may review several sources of information, including your credit score, bank statements, tax returns and other information.
Legal standing
Our lenders may want a good idea of contracts you have in place with third parties, any leases or other agreements that are in place, and your business licenses or registrations.
Loans Calculators
How much money do I need to start my business?
Which business loan term should I choose?
How long will it take to repay my business loan?
Should I own or lease my business location?
Loans FAQs
Are there any fees to apply for a business loan?
RBFCU does not charge application fees on its business loan products.
What's the difference between an SBA loan and a regular business loan?
SBA loans are provided through RBFCU and partially backed by the U.S. government. This additional layer of financial backing means potential flexibility for your business. SBA loans may have the potential to provide borrowers with lower down payment requirements and longer loan terms to assist with minimizing monthly payments and improving cash flow.
Does RBFCU offer business loan financing to nonprofits?
Yes, subject to credit qualifications, RBFCU can offer financing to nonprofit businesses.
Do I have to be a Select Group (SG) to get a business loan?
No. RBFCU has more than 5,000 ways to qualify you for membership. To get more information on becoming an
RBFCU Select Group
, call our Business Development Office at
210-945-3300
or email us at
membership@rbfcu.org.
How long will it take to receive my business loan approval?
Time from application to closing varies, depending on the complexity of the request. We recommend you contact us to complete an application as soon as you have identified a need for financing and that you build a very thorough business plan in order to help us determine the financing options that may best suit your needs.
Merchant Services
Business Accounts
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Commercial Insurance
Business Lending rates and terms are subject to change and are offered with approved credit.
The Cash-Back rewards program pays a reward for each qualified purchase completed with your Card. ATM withdrawals, Balance Transfers, Cash Advances, finance charges, fees and any other non-purchase transactions do not qualify for rewards. Cash-back rewards are redeemable online through the uChoose Rewards
program. Cash-back rewards are forfeited if your Card is closed before redemption. We reserve the right to disqualify transactions that are not usual or customary and are apparently structured or intended to abuse the program. Abuse of the program may result in loss of rewards and Card privileges. We may add to, change, or delete any of the terms of this program or discontinue this program at any time at our sole and absolute discretion.