Business Loans
Whether you’re starting your business or expanding it, investing in new inventory or office equipment, we have a business loan or line of credit that’s right for you.
Start It, Expand It, Equip It. We'll Help You Do It.
Count on our business development team to help you find the best type of loan for your business.
Small Business Administration Loans
As a small business, you might qualify for a loan from Summit Credit Union that’s backed by the Small Business Administration (SBA), a government program. SBA loans are specifically designed to help small business owners and entrepreneurs who might have a hard time finding affordable financing.
Investment Property Loans
An investment in real estate offers a wide variety of tax benefits, the potential for an income stream and the possibility of future gains.
Summit offers a variety of financing solutions for non-owner occupied buildings including:
- Office buildings
- Apartment buildings
- Mixed-use properties (like office, retail and/or residential property)
- Single-family homes
Term Loans
Our fixed-rate financing helps you afford all the things you need to run and grow your business — including vehicles, equipment, office furniture and more.
With a term loan from Summit you’ll get:
- Competitive rates
- Flexible collateral options
- Automatic payment options
Business Line of Credit
Think of this as an insurance policy for your business finances. It can help smooth out the realities of your day-to-day cash flow (say, late customer payments that make it hard to manage payroll or the realities of a seasonal service or product line) or let you take advantage of an unexpected opportunity (like gotta-act-now savings on equipment or production materials).
With Summit’s business line of credit you’ll get:
- Competitive rates
- Low fees
- Set it and forget it flexibility — once it’s in place, you’ll have the financing you need to handle the unexpected
Real Estate & Commercial Construction Loans
Is your business making the move from leasing to owning its facility? Creating a new space or rehabbing an old one?
Rely on our business development team to help you:
- Explore the pros and cons of various loan options
- Understand tax-related issues that might affect you
- Find the commercial loan that’s right for you
Want to Help Your Employees Get on Track to a Better Financial Future?
Financial Wellness for Employees By Summit can make a difference. We believe the right tools and support can put everyone on the path to a more secure financial future. And that’s why we created the Financial Wellness for Employees by Summit program. Find out how this program can make a difference for your organization.
