Business Loans
Looking for a solution catered to your company's needs? Our lending experts work with you to create a package that matches your needs with your cash flow.
Our experts are your neighbors, so they know you and your company. They'll always put your needs first.
General Information
Maximum loan to value is based on loan type. Please contact credit union for details.
CityMark requires most member business loans to be secured.
NCUA regulations require all principals and/or shareholders to guaranty all loans.
Financial Supplemental Information Requirements
Two years financial statements including income statements and balance sheets - either accountant prepared or tax returns.
Interim financial statements, balance sheet, and income statement dated within 90 days of application.
Two years of personal tax returns on all principals and guarantors.
Current personal financial statement on all principals and guarantors.
You can email these documents to lending@citymark.org.
Business Loan Types
Commercial Real Estate Mortgages - Long-term financing to buy new properties or plan, improve, or refinance existing properties. We offer both permanent mortgages with flexible terms with a variety of loan rates.
Business Term Loans - To finance a fixed asset purchase, such as equipment, fixtures, or vehicles. You can also finance permanent working capital for business acquisition or expansion. We offer a variety of rates with flexible terms.
We offer the following term Loans:
New and Used Vehicle Business Loans
Terms: Up to 120 Months
Rates: starting at 6.39%
New and Used Equipment Loans
Terms: up to 120 Months
Rates: starting at 7.39%
Commercial Real Estate
Contact the credit union for current terms, rates, and conditions