Business Loans
Tell us your business goals. Together, we’ll find a solution to help you achieve them.
Why Do Business With SCCCU?
- You’ll have access to affordable small business loans unique to your needs, including government-backed loans for growing businesses.
- You can count on local decision-making by lenders who genuinely care about your business and your goals.
- All business owners in Santa Cruz County and northern Monterey County may apply with an SSN, EIN or ITIN.
Business Loans.
Get the funds you need to purchase inventory, buy a company vehicle, or invest in new equipment for your business.
Features
Low rates
Flexible terms
No prepayment penalties
Quick approval process with local decision-making
Convenient automatic payment available
Manage your business loan 24/7 using Online or Mobile Banking
Terms & Requirements
Maximum LTV 70%
Must provide three years of personal and business tax returns (or year-end financials if business tax returns are on extension) and current financials
Apply using your SSN, EIN, or ITIN
Pay for the things you need when you need them with convenient access to a business line of credit.
Features
Borrow funds as needed and only pay interest on the funds you use
Take advantage of low rates with quick, local approval process
Manage your business line of credit 24/7 using Online or Mobile Banking
Use automatic repayment options
Terms & Requirements
Must provide three years of personal and business tax returns (or year-end financials if business tax returns are on extension) and current financials
Apply using your SSN, EIN, or ITIN
One of the biggest challenges of owning a business is getting it off the ground. And we specialize in helping businesses that might not qualify for financing from other lenders.
Features
Can use for a wide range of business ideas
Flexible terms to fit your needs and budget
Direct access to local decision-makers
No prepayment penalties
Convenient automatic payment available
Terms & Requirements
Secured and unsecured loans available
Must provide three years of personal and business tax returns (or year-end financials if business tax returns are on extension) and current financials
Provide your business plan, including three years of projections, and a copy of your business license and lease (if applicable)
Apply using your SSN, EIN, or ITIN
Get the funds you need to purchase inventory, buy a company vehicle, or invest in new equipment for your business.
Features
Low rates
Flexible terms
No prepayment penalties
Quick approval process with local decision-making
Convenient automatic payment available
Manage your business loan 24/7 using Online or Mobile Banking
Terms & Requirements
Maximum LTV 70%
Must provide three years of personal and business tax returns (or year-end financials if business tax returns are on extension) and current financials
Apply using your SSN, EIN, or ITIN
Pay for the things you need when you need them with convenient access to a business line of credit.
Features
Borrow funds as needed and only pay interest on the funds you use
Take advantage of low rates with quick, local approval process
Manage your business line of credit 24/7 using Online or Mobile Banking
Use automatic repayment options
Terms & Requirements
Must provide three years of personal and business tax returns (or year-end financials if business tax returns are on extension) and current financials
Apply using your SSN, EIN, or ITIN
One of the biggest challenges of owning a business is getting it off the ground. And we specialize in helping businesses that might not qualify for financing from other lenders.
Features
Can use for a wide range of business ideas
Flexible terms to fit your needs and budget
Direct access to local decision-makers
No prepayment penalties
Convenient automatic payment available
Terms & Requirements
Secured and unsecured loans available
Must provide three years of personal and business tax returns (or year-end financials if business tax returns are on extension) and current financials
Provide your business plan, including three years of projections, and a copy of your business license and lease (if applicable)
Apply using your SSN, EIN, or ITIN
Commercial Real Estate Loans
You can count on us for competitive fixed rates and a streamlined lending process.
- Build, improve, or expand a commercial property
- Buy or refinance an owner-occupied or income-producing property
- Acquire a business
Government-Backed Business Loans.
Government-guaranteed loans are a smart way for your small business to secure funds to grow. And these loans are ideal for newer businesses if you can’t get the financing you need from conventional sources.
Features
Provides funds for fixed assets, working capital, real estate, acquiring a business, refinancing debts, and more
Access to multiple SBA loan programs, including the 7(a) Loans, and CalCoastal Loans (CDC/504 Loans)
Competitive rates and flexible terms
Step-by-step guidance and support from our local business lending team
Requirements
Must meet program eligibility requirements
Can apply using your SSN, EIN, or ITIN
Government-guaranteed loans are a smart way for your small business to secure funds to grow. And these loans are ideal for newer businesses if you can’t get the financing you need from conventional sources.
Features
Provides funds for fixed assets, working capital, real estate, acquiring a business, refinancing debts, and more
Access to multiple SBA loan programs, including the 7(a) Loans, and CalCoastal Loans (CDC/504 Loans)
Competitive rates and flexible terms
Step-by-step guidance and support from our local business lending team
Requirements
Must meet program eligibility requirements
Can apply using your SSN, EIN, or ITIN
Microloans
- We specialize in offering microloans, to our member businesses—from $2,500 to $50,000.
- Available to new and existing businesses
- Low rates, flexible terms, and no prepayment penalties
- Quick approval process with local decision-making
- Convenient automatic repayment available
- Manage your business loan 24/7 using Online or Mobile banking
More for Your Business.
Business Checking Accounts
Find a business checking account that’s a perfect fit for how you do business.
Business Savings Accounts
Your money grows with our flexible savings options.
Business Credit Card
Streamline day-to-day purchases with our low-rate Business Visa Credit Card.