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Business Loans
 

Business owners: let us show you why you belong here! 

We know that businesses have financing needs.  That's why we are here for you!  We provide flexibility and the local personal service you expect from your credit union.

Telcom Credit Union offers a wide variety of commercial loan options with loan amounts from $50,000 to $5,000,000. 

Commercial Real Estate Loans

                - Owner occupied
                - Investment
                - Construction

Working Capital - Lines of Credit and Term Loans

Equipment and
Vehicles

                - Delivery vehicles
                - Fleet Vehicles: Purchase from Auto Privileges at prices below market value

We also have a wide variety of business services available including a Platinum Visa Credit card for business owners.

Other Business Services include:
 

     Business Checking:

    • No minimum balance
    • No monthly service fee
    • Tiered Interest:
      0.25% annual percentage yield (APY) for balances from $2,500 to $9,999.99
      0.40% APY for balances from $10,000 to $19,999.99
      0.75% APY for balances of $20,000 and above
    • Up to 200 monthly transactions and deposits items at no charge
      Transactions #201 and greater are $0.20 each

    Business Money Market Accounts and Certificates of Deposit

    Other Services:

    • Merchant services available
    • Online banking
    • Small business retirement planning
    • Free employee benefit: Telcom Credit Union membership for all your employees 

    To find out how you can benefit from our business lending options, please call Jeanette Assaf at 248.596.4612.   

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