Business Services

Business Lending

Ascentra Credit Union offers business loans utilizing property as collateral.  These loans include rental properties, or utilizing your home as collateral for a loan to support your business. 

Other business loans are provided through a partnership with Community Business Lenders(CBL).  Whether you need a loan to finance a new business, business expansion, purchase equipment or property, construction project or other business ventures, we and CBL may be able to help.  They offer many different types of loans including term loans, revolving lines of credit, SBA 504 loans, and SBA 79(a) loans.

Small Business Resource List

Their requirements for all loans include the following:

• Three years of financial statements and tax returns from the prospective borrower.
• Interim financial statement dated within 90 days of request date.
• Personal financial statement within 90 days of the request date for all owners of the borrowing entity. (A financial statement form can be downloaded from www.cblenders.com)
• Last three years of personal tax returns for all owners.

* Additional information may be required depending on the type of loan.

To apply, contact any Account Officer at any branch location and ask to speak to a loan officer or visit CBL online at www.cblenders.com to learn more.