Business Term Loans
Ready to enhance your business? We're right with you.
Modern equipment. More vehicles. Ambitious expansion. Small steps forward and giant leaps to the next level of success. At Capital Credit Union, our business term loans are designed to boost your North Dakota business to reach your goals.
When you apply for a loan, your future business plans, competitiveness and financial strength all can ride on the outcome. That's why our Business Services Team will take the time to listen to your financial goals and put together a funding package to bring your business to the next level and increase your financial momentum .
Additional Loan Features
- Financing for capital purchases, business expansion or professional practice buy-in
- Fixed or variable interest rates available
- Flexible loan repayment terms tailored to match your cash flow or marketing cycles
- Personalized service from experienced lenders
What You'll Need to Apply
Get the ball rolling by filling out this Business Loan Application and this Personal Financial Statement. Also, please have these documents ready to submit:
- Three years of financial statements
- A current, year-to-date financial statement
- Three years of tax returns (business and personal)
- Business Plan or Strategic Plan (including three-year budget/forecast)
- Real estate appraisals and/or real estate tax statements (if applicable)
- List of machinery or equipment to be financed
- Proof of business registration
- For Sole Proprietorship: Trade name certificate
- For Corporation: Articles of Incorporation and Certificate of Incorporation
- For Limited Liability Corporation: Certificate of Organization and Operation Agreement
- For Partnership: Certificate of Partnership
“Doug Lee is such a great asset for Capital Credit Union, along with is team. This is why I do business with Capital Credit Union.”
“Brad and Tom were outstanding to work with. I have worked with Brad since 2014, this was my first time with Tom, and they are both excellent. Capital Credit Union is the best!”
“Beyond happy with Capital Credit Union and its employees. Thank you for all that you do for us.”
“I recently got a loan with Stacy Blohm. She did an amazing job handling our account. We were very satisfied with the service we received.”
“Tom Ternes was excellent in every aspect! He made the process seamless, and he treated us like family. We greatly appreciate him and the entire team that worked hard to make our mission possible! Thank you!”
Resources
Designed to fit your business model
With a low minimum balance and access to online tools, our Business Checking Account can benefit your bottom line.