Whatever your plans may be for your business, we’re here to help you realize them. From real estate and construction to vehicles or a general line of credit, you can grow your business with a loan from Cobalt Credit Union. Call 402-292-8000 to speak with a business banking expert. Download the business loan application and personal financial statement form.
We offer our members a variety of financing options with the Small Business Administration, including 7(a), Express, Small/Rural Lender Advantage and the CDC/504 loan program. And if that all sounds like gibberish, don’t worry: We can help you determine which SBA guaranteed loan may be most beneficial to you and your business.
Commercial Real Estate Loans
Flexible terms, competitive interest rates and low closing costs are available for the purchase or refinance of owner and non-owner occupied commercial buildings, residential investment properties and agricultural land. Cobalt Credit Union offers a maximum amortization of 25 years and loan to value up to 80%.
We offer construction loans for most commercial property types as well as the permanent term financing once construction is complete. Funds are disbursed throughout the construction or remodel process and repayment is based on a competitive, variable interest rate.
Business Equipment Loans
Cobalt Credit Union provides fixed rate term loans for the purchase or refinance of new and used equipment. Whether you're looking for manufacturing, construction, agricultural, or office equipment, Cobalt Credit Union can help your business obtain the assets to succeed.
Commercial Vehicle Loans
Finance new and used vehicles under your business at a Cobalt Credit Union branch or right at the dealership. We offer terms that will fit your budget and will finance up to 100% of the purchase price to qualified borrowers.
Business Lines of Credit
Draw funds at your convenience for working capital, purchasing inventory and materials, financing receivables, overdraft coverage or other short term needs to improve daily cash flow. Flexible repayment options are available and are based on the outstanding balance of the line of credit, or LOC.
Care to join us?
If you’re ready to switch to Cobalt Credit Union, we’re ready to help. Apply now to get started.
Have questions about Cobalt Credit Union? Drop us a line.