As your business changes and grows, so will the needs of the business. That’s why A+FCU offers a variety of business loans to help you meet your business goals.
Contact a Business Service Officer or call 512-302-6889.
Secured or Unsecured Business Loan
Grow your business with a secured or unsecured business loan.
Secured Loan Details
- Secured by some type of collateral – including real estate, titled vehicles, company assets, equipment, shares, share certificates
- Can be for purchase, renovation, or refinance from another institution
- Can be for purchase from individual or dealership
Unsecured Loan Details
- Loan amount can be up to $50,000 based on approved credit
- Variable terms
Business Line of Credit
Business Lines of Credit are perfect for companies with sales cycles and/or seasonal events that may impact cash flow. The funds can be used to cover expenses during anticipated or unanticipated events. Business Lines of Credit can be secured or unsecured.
SBA Business Loans
SBA loans are guaranteed by the U.S. Small Business Administration and are for for-profit businesses who meet SBA requirements. Although requirements may differ depending on the loan, below are some general requirements to be eligible for assistance (taken from the SBA website):
- Operate for profit
- Be small, as defined by SBA
- Be engaged in, or propose to do business in, the United States or its possessions
- Have reasonable invested equity
- Use alternative financial resources, including personal assets, before seeking financial assistance
- Be able to demonstrate a need for the loan proceeds
- Use the funds for a sound business purpose
- Not be delinquent on any existing debt obligations to the U.S. government
The 7(a) loan program is the SBA’s most common loan program.
Learn more about the SBA 7(a) Loan.
The SBA 504 loan program provides financing for major fixed assets such as equipment or real estate.
Learn more about the SBA 504 Loan.
Commercial Real Estate
Visa® Business Credit Cards
Our Visa Business Credit Cards offer the flexibility to separate business from personal expenses, access to free spending reports and the purchasing power you need to manage your business all with the security that comes with every Visa Business Credit Card. Choose from:
- Visa Business Card
- Visa Business Rewards Card
- Visa Business Bonus Rewards PLUS Card