Business Loans

Starting a new business? Want to expand and grow your current business? Lakeview specializes in helping small to medium sized businesses by providing customized loans with excellent rates, local decisions, fast turnaround and personalized service. Whether you need a loan for commercial real estate, working capital, equipment, or even a business line of credit, we want to make your loan work for you.

Our loan options include:

• Commercial Investment Properties
• Commercial Real Estate
• Equipment Loans
• Lines of Credit
• Small Business Administration Loans (We are an SBA Express Lender)
• Term Loans
• Business Credit Cards with Rewards

Small Business Administration (SBA)

As an SBA Express Lender, we can work with you to determine if an SBA loan is the best option based on your short and long term goals and qualification requirements. Being an Express Lender lets us provide a fast SBA guarantee decision on your loan.

In addition to financing options, Lakeview CU and the SBA can provide valuable information to help in setting up your business. Online training and tips on creating a business plan are just some of the free resources that are available. Click here to go to the SBA website or contact Chip Coenen, LCU VP of Business Development, at 920-729-5131. Chip will be happy to meet with you to assess your needs and offer solutions.

Starting the business loan process

Our business loan products are offered in a straightforward and simple way. And because LCU is a not-for-profit cooperative owned by our members, we have very competitive rates and terms for your business loan. There are a few items that you’ll need to get started, including:

• 3 years of business and personal tax returns
• A personal financial statement
• Up to 3 years of current business income statement and balance sheet
• Documentation regarding your business, including articles of incorporation and bylaws
• If a new business start-up, a detailed business plan, including financial projections
  
  

Applying for a business loan can seem complicated, but when you work with our local, experienced staff at LCU, we’ll make the process of applying for your business loan as hassle-free as possible.

Call Chip Coenen, 729-5131, or Joe Heath, VP of Lending, 729-5108, for loan information and help in applying for your business loan.