SACFCU is committed to your business’ financial success. We value you and pride ourselves on providing products and services tailored for small business owners.
We offer a variety of business lending options with competitive rates and flexible terms to meet your business needs, including vehicles, equipment, and credit cards. Do you have a loan with another lender? Talk to us about our refinance options. As a small business owner, we know your time is valuable, and you are involved in multiple day to day activities. By taking a few minutes to gather some information ahead of time, the application process can be completed quickly, allowing the underwriter to respond timely to your request.
Here are the things we will ask you when processing your application:
- Legal business name, address, and phone number
- Type of business entity
- Date business was first opened
- Business tax identification number or Social Security number
- Number of owners and percentage of ownership for each*
- Net annual business income
- Personal owners/guarantors assets and income
* Each owner with 20% or more interest must be included in the loan application and listing as a guarantor.
Here are the things we will consider when reviewing your application:
- Credit experience and payment history
- Cash flow and existing credit obligations
- Current relationship with SACFCU
- Experience in the industry
Here are the items you may be asked to upload during the application:
- YTD interim financial statements
- Most recent 2 years business tax returns
- Most recent 2 years personal tax returns and W-2 for owner/guarantors
READY TO GO?
To submit an application for a business credit card, a vehicle or equipment loan, including refinances, visit our Digital Business Lending Center (DBLC).
Still have questions, or to apply for real estate or line of credit loans, please contact our Business Lending Specialists for additional information. Simply send an email to businesslending@sacfcu.org, or call the Business Lending Department at 352-588-2732. SACFCU recommends you consult with your tax professional or attorney to determine any tax advantages with your loan, and your insurance agent can help determine if you are adequately covered in the event of loss.
We offer a variety of business lending options with competitive rates and flexible terms to meet your business needs, including vehicles, equipment, and credit cards. Do you have a loan with another lender? Talk to us about our refinance options. As a small business owner, we know your time is valuable, and you are involved in multiple day to day activities. By taking a few minutes to gather some information ahead of time, the application process can be completed quickly, allowing the underwriter to respond timely to your request.