There is money available to lend today and credit unions are in the perfect position to help local businesses!
Commercial lending provides credit unions the opportunity to fully serve their members and communities. Commercial Alliance offers the expertise and support credit unions need to start and service ongoing business lending, enabling internal lending liaisons to service current and prospective members.
Lending solutions available include:
Commercial Real Estate Financing
Mortgage financing for owner and non-owner occupied commercial properties. Financing options for new facility purchases or refinance of existing debt.
Commercial Construction/Development
Financing for commercial, industrial and residential developers or for companies seeking to expand an existing facility or build a new facility.
Commercial Term & Equipment Financing
Term loan financing for equipment purchases as well as refinancing of existing loans.
Commercial Line of Credit.
Commercial line of credit facility utilized to finance short-term working capital needs for the borrower.
Member Perspectives
“Commercial lending is more important today as it is our main area of growth and a beacon of growth for the economy – joining Commercial Alliance has positioned us favorably with our members and in our community to help local businesses face challenging times.” – Rob Bava, CEO, Community Choice Credit Union
“Commercial Alliance assists us in diversifying our portfolio, and having all backroom operations handled by a reliable team of experts helps me focus on prospective business members.” – Ed Mounce, Credit Services Manager, OMNI Community Credit Union
“With Commercial Alliance assisting us, we are bringing in very good loans at a time when people do not think lending is happening – credit unions looking to join will benefit not only from the inherent value of the loans, but also the collaboration between the member credit unions.” – Elizabeth Spadafore, Business Services Manager, Community Choice Credit Union