For over 70 years, it has been our goal to provide our members with financial products and services that provide real value, and therefore foster the growth of a strong economic community. Today, we are pleased to offer the extension of those financial services to include business services such as:
* See Business Accounts Fee Schedule for all rates/services associated with CRCU Business Checking Account Services and available features.
Business Basic Savings
Open your Business Basic Savings account today with as little as $100! Conveniently have us make regular, automatic transfers to your account, or schedule your transfers online through the use of your FREE Home Banking account.* Simply maintain a $500 average daily balance to earn interest!*
* Maximum number of transfers/withdrawals allowed per month is six. The penalty for exceeding this maximum is $10.00 per item.
** Please refer to our currently posted rates on regular share savings accounts.
Business Loans
At Community Resource Credit Union, we offer business loans for everything from real estate to construction costs, and beyond. Looking to remodel, purchase new equipment, or provide your employees with a new company vehicle? We can finance your growing business needs with the following lending services:
Real Estate Loans
Finance up to $2,000,000.00 on existing real estate property for a term of up to 180 months, or up to $1,000,000.00 for a term of 12 months for your new construction/development project.*
* Maximum amount available for a first lien is 75% loan to value. Unimproved real estate maximum is 60% loan to value, and the maximum amount available for construction and development loans is 65% loan to value.
Conventional Business Loans
Our conventional business loans can be used for a wide variety of reasons; to purchase new/needed equipment, to expand or remodel your existing office/retail space, or to make other investments in your company's future growth.
Borrow up to $100,000 unsecured, or up to $500,000 secured* for a term of up to 84 months!
* Qualifying collateral on a secured loan includes a first lien or purchase money lien on business assets.
Short-Term Business Loans/Business Revolving Line of Credit
In need of funds to cover payroll; provide working capital; or to reach other short term objectives? We can help with a short-term loan amount of $5,000 - $25,000 for a term of up to 12 months! Or, for funds that can be used for any general purpose, apply for a business line of credit for $5,000 - $100,000!*
* Business lines of credit require repayment within 12 months from the date of the original balance.
Merchant Card Services
Solve your payment acceptance issues and open your doors to more customers when you're able to:
For more information on any of our Member Business Service accounts/services, please contact Ronnie Anderson at 281.422.3611 or 800.238.3228 x1005 today!
- Business Basic Checking
- Business Analysis Checking
- Business Basic Savings
- Business Real Estate Loans
- Conventional Business Loans
- Short-Term Business Loans
- Business Lines of Credit
- Corporate Credit Cards
- Merchant Card Services
* See Business Accounts Fee Schedule for all rates/services associated with CRCU Business Checking Account Services and available features.
Business Basic Savings
Open your Business Basic Savings account today with as little as $100! Conveniently have us make regular, automatic transfers to your account, or schedule your transfers online through the use of your FREE Home Banking account.* Simply maintain a $500 average daily balance to earn interest!*
* Maximum number of transfers/withdrawals allowed per month is six. The penalty for exceeding this maximum is $10.00 per item.
** Please refer to our currently posted rates on regular share savings accounts.
Business Loans
At Community Resource Credit Union, we offer business loans for everything from real estate to construction costs, and beyond. Looking to remodel, purchase new equipment, or provide your employees with a new company vehicle? We can finance your growing business needs with the following lending services:
Real Estate Loans
Finance up to $2,000,000.00 on existing real estate property for a term of up to 180 months, or up to $1,000,000.00 for a term of 12 months for your new construction/development project.*
* Maximum amount available for a first lien is 75% loan to value. Unimproved real estate maximum is 60% loan to value, and the maximum amount available for construction and development loans is 65% loan to value.
Conventional Business Loans
Our conventional business loans can be used for a wide variety of reasons; to purchase new/needed equipment, to expand or remodel your existing office/retail space, or to make other investments in your company's future growth.
Borrow up to $100,000 unsecured, or up to $500,000 secured* for a term of up to 84 months!
* Qualifying collateral on a secured loan includes a first lien or purchase money lien on business assets.
Short-Term Business Loans/Business Revolving Line of Credit
In need of funds to cover payroll; provide working capital; or to reach other short term objectives? We can help with a short-term loan amount of $5,000 - $25,000 for a term of up to 12 months! Or, for funds that can be used for any general purpose, apply for a business line of credit for $5,000 - $100,000!*
* Business lines of credit require repayment within 12 months from the date of the original balance.
Merchant Card Services
Solve your payment acceptance issues and open your doors to more customers when you're able to:
- Accept all major credit cards; including Discover and American Express
- Provide gift card services; redeemable towards the purchase of your merchandise/services
- Accept and process customer checks electronically
For more information on any of our Member Business Service accounts/services, please contact Ronnie Anderson at 281.422.3611 or 800.238.3228 x1005 today!