Business Loans

Lending Solutions for new and growing businesses.

Business owner holding open sign

MC Federal has a number of business lending solutions for members, dependent on the unique needs of the small business. The diverse needs of small businesses makes it difficult to pinpoint interest rates on business loans. For more information on our rates and lending options please contact our business lender.

A great credit card is a necessary tool for any business, large or small. Earn rewards and take advantage of exciting benefits with the MC Federal Visa® Platinum Business Credit Card. Plus, an MC Federal Visa® Platinum Business Credit Card enables multiple executives in a business to use separate cards on the same account. All of the expenditures from the various cardholders are then kept on a single bill. With our low credit card interest rates, you can keep your business up and running. You’ll also enjoy added benefits such as:

Enjoy all the benefits and privileges of your MC Federal Visa Platinum Business Credit Card with No Annual Fee. Save money by transfering your higher rate balance to your MC Federal Visa Platinum Business Credit Card with no balance transfer fee.

When you pay your monthly wireless bill with your covered MC Federal Visa Platinum Business Credit Card, you cell phone is protected for the next calendar month. So, you can get reimbursed if you cell phone is stolen or damaged ($50 deductible).

To learn more about this benefit or to file a claim, go to www.cardbenefitservices.com or call 1-866-894-8569. If you are outside the U.S., you can call collect: 1-303-967-1096.

Certain terms, conditions and exclusions apply. In order for coverage to apply, you must charge your eligible cellular wireless bill to your covered MC Federal Visa Platinum Credit Card. Please refer to your Guide to Benefits for further details.

Save money by saying no at the counter – rent with your covered MC Federal Visa Platinum Business Credit Card and get built-in Auto Rental Coverage.

To learn more about this benefit or to file a claim, go to www.eclaimsline.com or call 1-800-348-8472. If you are outside the U.S., you can call collect: 1-804-673-1164.

Certain terms, conditions and exclusions apply. In order for coverage to apply, you must use your covered MC Federal Platinum Business Credit card to secure transactions. Please refer to your Guide to Benefits for further details.

Call any time for Travel and Emergency Assistance, available for covered MC Federal Visa Platinum Business Credit Card cardholders from anywhere in the world.

To learn more about this bene t call 1-800-992-6029. If you are outside the U.S., you can call collect: 1-804-673-1675

Certain terms, conditions and exclusions apply. Please refer to your Guide to Benefits for further details.

Protect your new item against theft and damage within the first 90 days of purchase with Purchase Security, available when you pay with your covered MC Federal Visa Platinum Business credit card. Add up to an extra year to your qualifying warranty with Extended Protection available for purchases made with your covered MC Federal Visa Platinum Business credit card.

To learn more about this benefit, or to file a claim go to www.cardbenefitservices.com or call 1-800-848-1943. If you are outside the U.S., you can call collect: 1-303-967-1096.

Certain terms, conditions and exclusions apply. In order for coverage to apply, you must use your covered MC Federal Platinum Business Credit card to secure transactions. Please refer to your Guide to Benefits for further details.

Business mortgages are for your business’ real estate purchases and expansions. The rules governing business mortgages and their interest rates are essentially the same as the rules for regular mortgages. A business mortgage from MC Federal can help you open up a new physical or online store, expand your work force, and buy better equipment. With MC Federal you can create the business you always wanted.

Business lines of credit can help you manage your short-time capital needs, such as funding payroll, or managing seasonal fluctuations in cash flow. Most new businesses can expect a period of loss before they turn a profit. During that difficult building period, you may need extra money to cover your costs. MC Federal can help you cover your monthly bills through an open line of credit that can cover your losses until your business becomes profitable.

Business term loans are used for your immediate term financing needs. These types of loans are usually used for equipment purchases, debt consolidations, and vehicle loans. Once you make it through the growing pains of starting a new small business, you may want to consider expanding the business to reach more customers. Business term loans can help you grow your business with both versatility and low interest rates. 

Required Loan Application Documents

When applying for a business loan you will need to fill out a loan application and personal financial statement, which you will find below. Completed applications can be emailed to loans@mcfcu.org or returned to your local branch.

You will also need your last three years worth of Full Federal Personal Income Tax Returns and last three years worth of Full Federal Business Income Tax Returns, if applicable.