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.
Benefits of a Term Loan
• Credit limits up to $5,000,000
• Principal and interest payments
• No application fee
• No prepayment penalty
• 24/7 account access
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. 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.
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.
If you are using a screen reader or other auxillary aid and are having problems using this website, please call 800-678-4968 for assistance. All products and services available on this website are available at all MSUFCU full-service locations.
MSU Federal Credit Union
savings are Federally insured to at least $250,000 by the
and backed by the full faith and credit of the United States Government.
APR = Annual Percentage Rate. APY = Annual Percentage Yield.
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