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Business Term Loans

The perfect solution for funding the purchase of capital assets, remodeling or expanding your business, acquiring a business, and even refinancing or consolidating business debt, NEFCU provides cost-effective term loans to qualified businesses in existence for at least three years:

  • Loan amounts from $5,000 and up
  • Flexible fixed or variable rates
  • Variety of terms, from 12 months to 180 months
  • Generous loan amount with up 80% financing depending on collateral

 

For more information, contact our Commercial Services Officer Ray Schwetz at 516-714-2926 or via email at schwetzr@nassaued.org. You may also contact any branch manager for assistance.


Note: NEFCU Business Loans are offered in partnership with Credit Union Business Capital (CUBC). Business credit offerings are subject to change at any time.