Acquisition Loans
As your partner in commercial equipment funding, we make it easy for you to tell more of your members “yes.” Yes to growth, yes to success, yes to financial security. Working to add a bevy of commercial lending opportunities to your member services menu, the CU Equipment Finance team acts as your trusted resource for business acquisition loans.
Acquisition loans are those offered to those commercial credit union members who seek to either purchase an existing business or to expand by opening another franchise. Providing a variety of acquisition loans lets your clients continue to enjoy their growing business without having to spend precious working capital.
Specializing in equipment financing, the CUEF team can create a plan for your members to take ownership of a business’ equipment and supplies through an acquisition loan. Certain loans also allow the buyout of a partner’s interest in an already-established business. Providing affordability and flexibility, our terms range from five to 10 years and provide funding between $250,000 and $15 million.
Handling every stage of the loan, from application and approval to repayment plan architecture, we strive to make acquisition loans a simple and straightforward option for you to offer commercial members of your credit union. Our one driving goal is to help you expand your service offerings without adding time-consuming administrative tasks to your duties. Working with credit unions of all sizes, throughout the country, we have streamlined the process of equipment financing to allow you to expand your member services.
Find out more about our business acquisition loan programs by contacting the professionals at CUEF now.