Get capital to reach your growth goals
It can be a challenge to get all the equipment, machinery, or vehicles you need to be successful. With our secured business loans, you can make affordable payments on all of these physical assets you need for your growing company.
Business New Auto Loan |
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Rates as low as
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Business Used Auto Loan |
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Rates as low as
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Business Equipment Loan |
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Rates as low as
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Business Equipment and Vehicle Loans
Our Secured Business Loan provides fixed-rate financing with predictable monthly payments for the purchase of equipment, machinery, or vehicles. With this installment loan, you’ll get a quick approval with minimal underwriting requirements.
All businesses are unique and are subject to approval and review.
Business Loan Resources
Amortizing Loan Calculator
Calculate your monthly payment. Get Your Payment
Loan & Credit Line Payment Calculator
Find out exactly how to get to the payment you need. Get Your Payment
Line of Credit Payoff
Find out what it takes to pay off a line of credit. Run the Numbers
Explore Different Business Loan Options
Disclosures
*APR = Annual Percentage Rate. Rates are subject to change without notice. Each application is evaluated on an individual basis. Loan advances are granted based upon the applicant(s) credit history, ability to repay, purpose, stability and collateral. Loan advances are not granted based upon method of repayment. On variable rate loans, the Annual Percentage Rate (APR) for new advances and existing balances is based on an index which is the highest Prime Rate as published in the Money Rates section of The Wall Street Journal on the 15th day of the month for the preceding three months and is subject to change monthly. The index figure is posted in the lobby of each credit union office.
Auto and Equipment Rates shown reflect available rate discounts. Members Choice members can get up to .30% in rate discounts: .10% for an automatic loan payment transfer from an MCCU checking account, .10% for checking account direct deposit at the time of funding, .10% for a new or increased Credit Card. Variable Rate Business Lines of Credit do not qualify for rate discounts.
If not currently a Members Choice member, a $5 deposit is needed to establish membership. All memberships and credit products are subject to approval including credit approval.