BUSINESS LOANS

Working with the U.S. Small Business Administration (SBA) loan program, BEFCU can help small businesses access the financing they need to compete, grow, and succeed.

Financing Options with a BEFCU SBA loan:

• Working Capital – short and long term
• Business Expansion - grow your business
• Inventory Purchases – don’t get caught short
• Franchise Purchase – become part of a larger enterprise
• Equipment – update equipment, improve facilities, and add critical growth elements

Power your business and cover those expenses that will help you expand, innovate, and thrive.

Loan Amount: up to $350,000

Interest rate: varies based on loan size, term and purpose.

Term: up to 10 years (no prepayment penalty).

To get started, click here to fill  out a form. BEFCU’s Business Loan Officer will contact you within 24 hours (Monday – Thursday).

SBA Loans: Bourns Employees Federal Credit Union is part of the SBA preferred lender program

Loan Rates: Loans subject to credit approval. Rate may differ depending on creditworthiness and underwriting factors.

SBA Small Business Owner: 500 or fewer employees.

If you would like to get more information on becoming a SEG, please email us, befcu@bournsfcu.org Benefits of being a SEG click here for brochure.