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Routing Number: 272479663 Swift Code: MSUCUS44
 
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Business Secured Term Loan

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Business Secured Term Loan
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Business Secured Term Loan
Description
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.

Benefits of a Term Loan
• Principal and interest payments
• No application fee, and no prepayment penalties
• 24/7 account access
• Secured/Unsecured Lines of Credit
• 12 and 24 month term options


Variable-Rate
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.

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.

Fixed Term
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.

This loan features a fixed-rate for the term of the loan determined by the Business Lending Committee.

How to Apply
Print, complete, and mail your application and all supporting materials to:

Business Lending
Michigan State University Federal Credit Union
3777 West Road
East Lansing, MI
48826-1208

Disclosures
Business Loans are only available to Michigan businesses.

Get FileBusiness Account Disclosures Get FileBusiness Account Fee Schedule