Loan Production
At CU Equipment Finance, one of our main goals is to help facilitate the growth and expansion of American businesses. From equipment purchase funding opportunities to CRE loans, our CUSO services are designed and implemented to provide credit unions a means of commercial financing that traditional lenders just can’t provide directly to their members/customers. We make it easy and hassle-free for you to offer your growing commercial clientele a variety of commercial lending programs.
We expect to bolster the growth of the partnership through a variety of marketing means, including, but not limited to:
- Existing Northpoint Commercial customers
- Vendor/dealer programs
- Internal lending team
- Credit union referral channels
Designed to ensure maximum profit margins, credit union lending programs and partnerships are meant to allow credit unions to tap into the opportunities of commercial equipment financing. Providing funds to the healthcare, manufacturing, technology, transportation, construction, and industrial industries, the focus of the partnership will be developed under the following guidelines:
- Terms of 3-6 years for equipment loans and leases
- Qualifying businesses must be in operation for at least five years
- Funds applicable to essential-use equipment only
- Transaction amounts available between $25,000 and $1 million
- Programs available to credit unions nationwide
Bolster your team’s bottom line, without adding to their daily workload by partnering with the industry’s unquestioned experts in commercial lending. Contact CU Equipment Finance now to get started.