Business Loans

First Castle FCU wants to help your business get the funding you need to expand or to purchase the assets you need for growth. We at First Castle are proud to offer our community a better choice when it comes to commercial lending.

Many say they are local, but here on the Northshore that has a special meaning. All lending decisions are made in our Covington office. The people you talk to and who make the decisions are local and live in the same community as you do. How many banks or other credit unions can truly say that?

One main thing that sets First Castle apart from all the other commercial lenders; we offer a NON balloon loan option to help you avoid the stress of redoing your entire loan at the end of the term

  • Small business friendly.
  • We offer competitive rates and terms.
  • No application fee.
  • Decisions made locally.

Types of business loans we offer

We offer lending choices to have the most flexibility possible for businesses to have the capital needed for growth.

Commercial Loans

Small loans under $50,000 are available for working capital for smaller projects. Larger loans over $50,000 are available for larger purchases, acquisitions and needs.

  • Purchases of machinery, equipment, furniture, fixtures, and leasehold improvements
  • Fund expansions to meet your business plan
  • Expansion or modernization of facilities
  • Buy or expand office space

Commercial real estate loans

Commercial real estate loans are used to purchase or refinance office, industrial, and commercial use property; as well as to purchase rental properties for the individual investor.

  • Real Estate based lending for 1-4 family properties. (rental houses, condos, duplexes, fourplexes)
  • Multi-Family properties, 4 or more units.
  • Owner Occupied commercial property
  • Income producing property (Retail, office, warehouse, etc.)

Business Line of credit

A line of credit is a loan that is continuously available. Commercial lines of credit are generally used for short-term purchases.

Take what you need, when you need it, and only pay for what you take.

Business Credit Cards

Our credit card rates are very competitive and can help you manage your expenses and grow your small business. They are ideal for small business owners, freelancers, or independent contractors – no matter your revenue flow, our credit cards will help you manage your expenses.

Commercial Auto Financing

For business owners needing a single delivery van or looking to expand a fleet, First Castle has commercial car finance options to fit your need. We work directly with you to make sure you have the financing you need to be successful.

  • Lending to grow your fleet of vehicles
  • Single vehicle purchase
  • Cars, trucks, vans or other transportation loans

FCFCU is Local in your Community

Are you ready to save money, time and stress for your commercial business lending needs?

If you are ready to expand your business or need additional cash flow, First Castle can help. Call us today at (985) 867-8867 to speak with our commercial business lending specialists.