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Whether your business is just getting started or you're looking to expand, we can help make your dreams a reality with a business loan from Community 1st Credit Union. Our commercial team provides personalized products, services, and convenience just for you.

We offer the following business loans and services:

  • Short-Term, Single Payment Operating Loans
    Short-term loans are a great option for Iowa and Missouri business owners who only need a small working capital. It is best used for one-time projects and emergency expenses. You can expect to receive the cash upfront and begin working on your business right away!   
  • Equipment, Vehicle, and Fixed Asset Loans
    Quality equipment is a great investment for any type of business. It can help make day-to-day operations run smoothly and efficiently. If you want to purchase or upgrade your equipment but are a little short on funds, this is the right loan for you!   
  • Secured and Unsecured Lines of Credit
    Business lines of credit function the same way as a credit card. You can freely borrow and repay funds as long as you don’t go beyond your credit limit. This is best for short-term financing needs like covering unexpected expenses and paying for recurring operating bills.  
  • Commercial Real Estate Loans
    This type of loan is perfect for individuals looking to invest in a commercial property for their business. It can be used for purchasing a shop, an office space, an entire building, and so on. The property will act as collateral until the loan has been paid in full.   
  • Letters of Credit
    A Letter of Credit is a document that guarantees payment, even if a service or product you availed fails to perform. You’ll be able to refund the amount you paid for. This way, you can ensure that you get the most out of your purchases.   
  • Small Business Administration Loans
    SBA loans offer high borrowing amounts and long repayment terms. They are recommended for businesses that are looking to expand and refinance existing debts.   

We currently offer our services in 57 counties in Southern and Central Iowa and 8 counties in Missouri. If you need help finding the right loan for your business, please reach out to us today!

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