Routing Number: 272479663
Swift Code: MSUCUS44
 
Icon ImageIcon Image
Business Secured Term Loan
Business Loan Application
Business Secured Term Loan
Icon Image
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 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

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. 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.

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