The Lisbon Community Federal Credit Union offers Business Loans to help strengthen and grow local businesses. Our preference is to make loans to established businesses to help finance commercial and investment properties, expand their business, or purchase needed equipment. From small loans for everyday business needs to financing large projects, the Credit Union is equipped to meet your lending needs.
These services are offered with the same degree of personal service and exceptional value the Members have come to expect from the Credit Union through its financial services.
Business Real Estate Loans
This category includes non-owner occupied single family dwellings, non-owner occupied apartment buildings, commercial buildings, retail stores, business land and other like properties.
The Credit Union offers a variety of Business Real Estate loans. They include:
Fixed Rate Mortgages: Maximum loan-to-value of 80%; maximum term of 15 years
Balloon Loans: Maximum loan-to-value of 80%; term: 20-year amortization with a 5-year balloon
Lines of Credit: Maximum loan-to-value of 80%; interest only payments with a yearly renewal
Construction Loans: Maximum loan-to-value of 80%; up to 12-month construction period
Business Equipment Loans
We offer great rates and terms on Equipment Loans to keep your business at its operational best. Whether you need office furniture, computers, photocopiers, dump trucks, skidders or heavy equipment, we can help.
Loan maturity is determined by the ability to repay, loan purpose and the useful life of the assets financed. See Current Rates for more info.
Call one of our Loan Officers today at (207) 353-4144, or toll-free at 1-800-353-4144, for more information!!