Are you starting a new business, buying an existing business or expanding your existing business? If so, Community Credit Union can help with the financing. We offer a variety of business loans to suit your needs:
- Commercial real estate loans
- Equipment loans
- Machinery loans
- Government guaranteed loans
No two business financing situations are alike. We'll take the time to match you with a product that best suits your needs. Small business loans can be used for business purposes including:
- The purchase of real estate to house the business
- Construction, renovation, or leasehold improvements
- The purchase of furniture, fixtures, machinery or equipment
For more information about becoming a Business Member contact Chris Cote at 207-783-2096 x 2001 or CCote@communitycreditunion.com.
Business Lending Solutions
Access to Funds
The mission of BLS is to support Maine business and they do that by
providing commercial lending through their credit union partners.
Community Credit Union is proud to be one of those partners. Business
Lending Solutions believes that it is important for businesses to have
access to funds, and they have the money to lend.
They support both small and large businesses. From small loans to finance a single piece of equipment to larger loans to finance a commercial real estate purchase, they can provide loans of almost any size.
The first thing you'll need to do is contact Business Lending
Solutions to let them know you are interested in a business loan. You
can fill out the form on their website, or you can simply call them at 866.736.2804.
You can also email CCUlending@communitycreditunion.com and a Community Credit Union Loan Officer will guide you to our partners at Business Lending Solutions.
The Loan Process
Once they determine what type of loan, how much, and so forth, you will need to make a formal application for the loan. They then go through a more detailed review of your documents and the long-term viability of your business. If all goes well, you will then have a loan approval. Finally, assuming you have met all requirements, your loan has been approved, and you are a member of one of their credit unions, they close the loan and your funds are disbursed.