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Member Business Lending
Micro Commercial

What is a Micro Commerical Loan?

At Park Community Credit Union we define a micro commercial loan as a small investment in our community. We are passionate about taking an active role in our city, whether it be supporting a local community outreach organization or by offering great products for members. Our staff can deliver remarkable service for all of your business lending needs.

Loan Possibilities

A micro commercial loan can be used for the purchase of inventory, working capital, start-up costs, purchase of equipment or leasehold improvements directly related to the growth of the business, loan subordination, business acquisition, and/or contract financing.

Loan Terms
Loan size can range from $500 to $10,000. The term of the loan will range from 1-3 years depending on purpose. Interest rates start at 3.99%. If the conditions of the loan are met, up to 100% of the interest* paid could be rebated to the borrower at the time the loan is paid in full.

Turn Around
Loan approval can take up to 1-2 weeks to process.

The types of businesses that are not eligible for financing include, but are not limited to, the following: passive real estate investment, gambling, apartments, shopping centers/mobile home parks, lending, life insurance, businesses located in foreign countries, loan packaging, pyramid sales, political or lobbying activities, government-owned entities, highly speculative ventures, consumer or marketing co-operatives, and those providing prurient sexual materials.

If requirements are met, there is potential that borrower would earn full reimbursement on interest.


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