Business Loans & Visa Credit Cards
Expand your business with an MSUFCU Business Loan. MSU Federal Credit Union has a wide variety of business loans to help your business succeed with limits up to $5,000,000.1
1Business Loans are only available to Michigan businesses. For secured loans, collateral must be located in Michigan.
Term loans are great for financing a practice, purchasing equipment, or even buying a new or used vehicle for a business. MSUFCU Term Loans can be fixed- or variable-rate and can have credit limits up to $5,000,000.
Know exactly how much you will pay monthly and at what interest rate for a particular piece of equipment, new location, or extra cash with MSUFCU's Business Secured Fixed-Rate Term Loan. Secure your loan with readily marketable collateral, machinery, equipment, fixtures or real estate.1
This loan features a fixed-rate for the term of the loan determined by the Business Lending Committee.
Let the Variable Rate Term Loan work to your advantage when the Prime Rate drops. Payments are reamortized when the Prime Rate changes, which could result in a lower monthly payment. Secure your loan with readily marketable collateral, machinery, equipment, fixtures or real estate.1 Rest easy knowing that seasonal skip payments are also available for certain industries.
This loan features a variable-rate tied to the Wall Street Journal's Prime Rate plus a margin as determined by the Business Lending Committee.
Benefits of a Term Loan
- Credit limits up to $5,000,000
- Principal and interest payments
- No application fee
- No prepayment penalty
- 24/7 online remote access via ComputerLine
Contact Our Business Lending Department
Send a secure email including your name, phone number/email address to our Business Lending Department. Please include a description of your business loan needs, questions, and the best time to reach you.
1Business Loans are only available to Michigan businesses. Collateral must be located in Michigan.