Business Loans
Loans to help small businesses think big.
Funds for Your Small Business, When You Need It
Whether you need startup funds or some extra office space, we are here for you and your business.
Types of Business Loans
Work with one of our Small Business Services Officers to find the right loan for you.
Small Business Line of Credit
- Access to funds when you need them
- Assistance with managing your seasonal cash flow needs
- Overdraft protection
- Competitive rates
- Free Online Banking and Telephone Banking
- Flexible repayment terms
Fixed- or Adjustable-Rate Term Loan
- Tailored to your individual business needs
- Fully amortized payments with automatic payments
- Terms from one to seven years available
- Collateral can include a blanket lien on business assets and/or a lien on real estate
- No prepayment penalty
- Online account access
Short-Term Business Loans
Satisfy your business’s temporary capital requirements.
- Terms ranging from 30-90 days
- Interest-only payments until maturity
Commercial Mortgages
Considering purchasing a new building or refinancing your current business office or investment property? URW Community Federal commercial real estate loans have competitive fees and lower rates for purchasing or refinancing existing properties.
Key features:
- Available for the purchase, improvement, or refinance of a commercial property
- Competitive fixed or variable rates
- Optional automatic payments
- Terms up to 15 years with payments amortized up to 25 years to maximize cash flow
- Multi-family unit mortgages available for properties with four or more units.
- Online account access
Gather Documents To Apply for a Business Loan
It’s important to gather all necessary documents and ensure they are accurate and complete to increase your chances of loan approval.
Business Financial Documents
This may include your business balance sheet, income statements, tax returns, bank statements and business plan.
Legal Documents
Verification of your business’s establishment and formation documents.
Business Owner Information
Your Social Security number or individual taxpayer identification number, along with the date of birth, address, residence, citizenship status, and country of citizenship.
Personal Guarantee
URW requires a personal guarantee for business loans, meaning you would be responsible for repaying the loan if your business can’t pay.
Need More Information?
Disclosures
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*Rates and financing offered are based on applicant’s credit qualifications. Fees may apply. Lending programs, including rates and terms, are subject to change without notice. This loan program is for business purposes and commercial loans only. Additional disclosure for variable rate: Initial fixed interest rate period, then adjusts periodically.