Credit Unions have become a leading source for business loans, offering competitive and flexible financing options.
You can trust Preferred Credit Union with your business needs just like you do with your personal accounts. To help facilitate that success, we have partnered with Michigan Business Connection (MBC) to offer business lending products.
Do You Need Capital To:
- Buy, Lease or Refinance your business property
- Maintain cash flow for your business expenses
- Purchase equipment or vehicles
- Expand your business
We Offer The Following:
Commercial Real Estate
Owner occupied
Investment real estate
Commercial Line of Credit
Revolving credit lines for short-term financing
Commercial Term Loan
Equipment and Vehicle Purchases
Debt Consolidation
Small Business Administration Loans
7A Loan products
504 Loan products
SBA Express Loans
Construction Loans
Building new or adding to existing property
MBC is a Credit Union Service Organization (CUSO) owned by Michigan Credit Unions. MBC handles the paperwork, underwriting and ongoing maintenance so that Preferred Credit Union can help more Michigan business borrowers.
There is no cost to apply. Interest rates vary based on loan type, terms and risk. Loan rates are market competitive. To get started complete the Business Lending Inquiry Form below or contact a Preferred Credit Union representative at 1-800-328-4131 ext. 357.