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Business Loans

EVERYTHING YOU NEED TO KNOW

  • Variable or Fixed Rate options;
  • Payment Options: weekly, bi-weekly, semi-monthly or monthly;
  • Blended or Principal plus Interest payments;
  • Payment Terms up to 5 years; and
  • Amortization based on Security.

WHAT’S IN IT FOR YOU?

  • Commercial Fixed term loans provide capital to assist with the purchase of fixed assets, machinery or equipment that will be utilized in the operations of the business;
  • A term loan may also include financing to expand your operations, acquire another business, fund working capital or inventory;
  • Term financing provides repayment within a specific time or term with a payment to help budget monthly expenses or to suit your needs;
  • Terms, amortization and equity injection based on the age and condition of the security pledged. Interest rate options are available;
  • Fixed rate payments lock in the interest rate providing protection against rising rates. Variable rate allows you to take advantage of the fluctuating interest rate; and
  • Optional insurance protection provides security and peace of mind for you business.
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The Small Print
  • Life, Critical Illness and Disability Insurance protection
  • Application Fee
  • Competitive Rates
  • Subject to Annual Review
  • Standard Term & Conditions

© 2013 Lake View Credit Union