Business Account Lending Options

Lines of Credit

A Credit Union of Georgia Line of Credit allows Business Account members to borrow only as much as they need. They may borrow a set amount and pay it down repeatedly, balancing their cash flow needs with this ready source of short-term funds. A Line of Credit is simple and easy to use, and is an excellent financial tool to:

• Cover short-term cash needs until accounts receivable can be collected
• Take advantage of supplier discounts
• Cover seasonal working capital needs

Term Loans

Term loans are used to finance the acquisition or modernization of a business’ productive assets. The business can use a Term Loan to:

• Purchase of machinery, equipment, furniture, fixtures, and to make leasehold improvements
• Expansion or modernization of facilities
• Vehicles or other business transportation

Commercial Real Estate

Credit Union of Georgia offers very competitive financing for commercial real estate, including the purchase of existing buildings or refinancing current loans for:

• Commercial properties, both owner and non-owner occupied
• Rental housing, apartment, or combination business/residential properties