SBA Funding Programs
Unfortunately, CCU is not able to participate in the additional SBA funding programs made available with the CARES Act. To get details on these programs as well as find an approved participating local lender please go to sba.gov.
Additional Resource: Specific to the state of Illinois, small businesses can get up to $50,000 loans from the Illinois Small Business Emergency Loan Fund. Those interested must go through IL Department of Commerce & Economic Opportunity (DCEO) and Accion. Visit this LINK for more details.
Consumers Credit Union takes pride in our lengthy history of supporting local businesses and helping them grow their profits. When you trust CCU with your commercial lending needs, you can be assured that your relationship manager will work closely with you to determine the best solutions for your business.
Featuring Owner Occupied and Non-owner Occupied Commercial Real Estate Mortgages as well as Residential Investment Real Estate Mortgages.
All of our mortgage products feature:
- Loan values up to 80%
- Amortizations up to 25 years
- No prepayment penalty
- Competitive rate
Secured Lines of Credit
CCU is a trusted source of financial support for you and your growing company.
- Business Secured Lines of Credit provide the capital you need to bridge the gap between invoice and collection
- Letters of Credit Issuance guarantee that third parties receive the payment due them
- Business Construction and Development Loans support you with on-demand capital to be used on everything from new construction to extensive remodeling and renovation projects
Invest in your business' future without depleting your cash reserves by financing your next equipment/fixed asset acquisition with a Business Term Loan.
The following documents are needed to get started.
Our team of knowledgeable professionals will stand beside you and offer guidance from your first call and initial questions all the way through the final loan decision and disbursement.
It is that kind of dedication and support that separates CCU from larger financial institutions.
For more information, please call 847.672.1888 or email [email protected]