Servus Credit Union business loans provide term financing, SBA-backed lending, equipment funding, and working capital lines with competitive rates and a straightforward application process.
Servus Credit Union business term loans range from $10,000 to $2,000,000 with fixed rates starting at 6.25% for well-qualified borrowers. Terms stretch from one to ten years depending on the use of funds, and every loan carries no prepayment penalty so you can retire debt early when cash flow allows. Our lending team structures each term loan around your specific capital need rather than pushing a generic product off the shelf.
Working capital lines of credit at Servus Credit Union operate on a revolving draw structure with 12-month or 24-month draw periods. You pay interest only on the outstanding balance, and the line replenishes as you make payments. Lines start at $5,000 and scale to $500,000 based on your business revenue history and debt service coverage ratio. Most applicants receive a credit decision within three business days of submitting a complete application package.
Equipment financing covers up to 100% of the purchase price for new machinery, vehicles, technology infrastructure, and specialized tools. Servus Credit Union equipment loans use the asset itself as primary collateral, which often preserves your existing bank lines for other purposes. Terms match the useful life of the equipment with fixed rates that lock in at origination. Financing approvals typically complete within five business days once the equipment invoice or purchase agreement is provided.
Servus Credit Union holds SBA Preferred Lender status, which means we underwrite and approve SBA-guaranteed loans in-house without sending files to the SBA for preliminary review. This cuts the typical SBA loan timeline by two to four weeks. The SBA 7(a) program at Servus Credit Union finances working capital, business acquisition, partner buyouts, leasehold improvements, and inventory purchases with loan amounts up to $5,000,000. The government guarantee covers up to 85% of the loan for amounts up to $150,000 and 75% for larger amounts.
The SBA 504 program, also originated through Servus Credit Union, targets fixed-asset financing for commercial real estate purchases and heavy equipment acquisition. The 504 structure splits financing into three pieces: a bank portion from Servus Credit Union covering 50% of the project cost, a Certified Development Company portion covering 40% with a below-market fixed rate, and a borrower equity contribution as low as 10%. This structure preserves working capital while locking in long-term fixed-rate financing on the CDC portion.
Servus Credit Union SBA loan specialists handle every step of the application, from gathering tax returns and financial statements to packaging submissions and tracking the SBA authorization number. Our team stays current on SBA program changes through the Small Business Administration and adjusts loan structures accordingly. Most SBA 7(a) loans fund within 45 days of application, and 504 loans typically close within 60 to 75 days depending on appraisal and environmental review timelines.
Rates effective as of 2026. Actual rates depend on credit profile, collateral, loan purpose, and relationship pricing eligibility. Servus Credit Union membership required. All loans subject to credit approval.
Our SBA 7(a) loan through Servus Credit Union closed in 38 days, and the rate was almost a full point below what two other banks quoted. The lending specialist walked us through every form and kept things moving the entire time.
We financed a fleet of five delivery vehicles through Servus equipment lending. The rate was 5.9% fixed for five years and the paperwork took two days. No prepayment penalty means we can pay them off early when cash flow peaks in Q4.
Servus Credit Union offers term loans from $10,000 to $2,000,000, SBA 7(a) and 504 loans with government-guaranteed portions up to 85%, equipment financing covering up to 100% of purchase price, working capital lines of credit with revolving draw periods of 12 to 24 months, and commercial real estate acquisition loans through the commercial lending division. Each product carries transparent pricing with no hidden origination fees or prepayment charges.
Servus Credit Union business loan applicants need two years of business tax returns, year-to-date profit and loss statements, a current balance sheet, business debt schedule, personal financial statements for all owners with 20% or greater ownership, and a business plan or use-of-funds statement. SBA loans require additional SBA-specific forms including the borrower information form and statement of personal history, which your Servus lending specialist helps complete during the application appointment.
Servus Credit Union SBA loans carry a federal government guarantee that reduces lender risk, enabling us to approve applicants who might not qualify for conventional financing. SBA 7(a) loans offer longer terms up to 25 years for real estate and 10 years for equipment, with lower down payment requirements. SBA 504 loans provide below-market fixed rates on the CDC portion. Servus Credit Union handles the full SBA application, servicing, and annual review process as an SBA Preferred Lender, which accelerates the underwriting timeline compared to non-preferred institutions.
Servus Credit Union business loan rates vary by product and credit profile. Term loans start at 6.25% fixed for well-qualified borrowers, SBA 7(a) variable rates follow WSJ Prime plus a margin of 1.75% to 2.75%, equipment financing rates range from 5.75% to 8.50% fixed, and working capital lines carry variable rates tied to Prime with no prepayment penalties on any Servus business loan product. Members who maintain a business checking relationship and meet deposit thresholds may qualify for relationship pricing discounts of 0.25% to 0.50%.
Conventional term loans and equipment financing through Servus Credit Union typically fund within three to seven business days after final approval. Working capital lines activate within five business days of closing. SBA 7(a) loans fund within 30 to 45 days of application, and SBA 504 loans close within 60 to 75 days due to the involvement of the Certified Development Company and third-party appraisals. Express applications for amounts under $50,000 can receive same-day preliminary approval with funding in as little as 48 hours for qualified existing members.
Servus Credit Union business loans provide the capital backbone for expansion, equipment acquisition, and working capital management with terms built around your cash flow rather than a generic bank template. Pair your loan with a business checking account for integrated cash management and automated loan payments. The merchant services processing revenue often strengthens debt service coverage ratios during underwriting. For property acquisition, our commercial lending team structures CRE loans including SBA 504 projects.
Every Servus Credit Union business loan includes access to online banking with real-time loan balance tracking and payment scheduling. Review our cash management tools for treasury operations that complement borrowing capacity. The security center details how we protect your financial data throughout the lending relationship. Visit knowledge base for loan application checklists and financial ratio explanations. Reach contact support to schedule a lending consultation or access online access help for account management guidance.
Servus Credit Union business loans give you access to capital on terms that make sense for your industry, your cash flow cycle, and your long-term plan. No prepayment penalties, no hidden origination charges, and no committee delays that stretch for weeks.
Schedule a consultation with a Servus Credit Union business lending specialist and receive a preliminary terms sheet within two business days.
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