Loans and Revolving Credit
Financing Options Designed to Grow Your Business
Helping your business grow, and in turn, strengthening our community, is a primary objective of Arrowhead Credit Union. We have a team of professional business banking officers dedicated to providing prompt loan approval and the personal attention that you and your business require.
Download a Business Loan Application
|
LOANS AND LINES OF CREDIT UP TO $50,000 |
|
|
Lines of Credit |
Term Loans |
|
Use of Funds |
Short term working capital for carrying receivables, cover payroll, vendor discounts, etc. |
Long term financing for equipment, vehicles, tenant improvements, permanent working capital, etc. |
|
Loan Amounts |
$10,000 - $50,000 |
$10,000 - $50,000 |
|
Rate |
Variable: Prime + Spread |
Fixed or Variable: Prime + Spread |
|
Years in Business |
3 years* |
3 years* |
|
Collateral |
Collateral may be required in some cases. |
Collateral may be required in some cases. |
|
Loan Fee
(at closing) |
$250.00 |
$250.00 |
|
Repayment Terms |
Renew Annually |
12 to 84 months |
|
Monthly Payment |
Interest Only |
Principal & Interest |
|
Access |
Phone or on-line |
Phone or on-line |
|
Automatic Payments |
Yes |
Yes |
|
*Other options may be available for those in business less than 3 years or a start up. (see SBA section) |
|
LOANS AND LINES OF CREDIT OVER $50,000 |
|
|
Lines of Credit |
Term Loans |
|
Use of Funds |
Short term working capital for carrying receivables, cover payroll, vendor discounts, etc. |
Long term financing for equipment, vehicles, tenant improvements, permanent working capital, etc. |
|
Loan Amounts |
$50,000 and over |
$50,000 and over |
|
Rate |
Variable: Prime + Spread |
Fixed or Variable: Prime + Spread |
|
Years in Business |
3 years* |
3 years* |
|
Collateral |
Yes |
Yes |
|
Loan Fee
(at closing) |
1% |
1% |
|
Repayment Terms |
Renew Annually |
12 to 84 months |
|
Monthly Payment |
Interest Only |
Principal & Interest |
|
Access |
Phone or on-line |
Phone or on-line |
|
Automatic Payments |
Yes |
Yes |
|
*Other options may be available for those in business less than 3 years or a start up. (see SBA section) |
For more information, please contact our Business Call Center Representatives at 1-866-280-5534.
|
Win with 
