Business Loans

From small business loans for everyday business needs to financing commercial real estate mortgages, Columbia Credit Union is equipped to meet your borrowing needs with a wide variety of business loan products.

Financing solutions for your business

  • Term loans for purchasing equipment and machinery
  • Small Business Administration loans
  • Working capital lines of credit
  • Commercial real estate loans
  • Business vehicle loans

 

Experienced, Friendly and Local
Our Business Lending team has extensive experience and is well versed in all types of commercial lending. Our staff is an excellent source of information. They welcome inquiries and seek to fully serve your needs.

Business Eligibility

Your business is eligible for membership at Columbia Credit Union if it is located in Washington or if more than half its owners or employees are eligible for membership. If your business doesn’t already have accounts or loans with Columbia, we’ll process your membership request along with your loan application.

SBA Loans

Guaranteed in part by the U.S. government, Small Business Administration (SBA) loans can provide assistance not available with other types of loans and may be an excellent borrowing option for your business.

SBA Preferred Lender
We specialize in SBA loans and are listed among the top 10 credit union SBA lenders in the Portland-Vancouver metro area, so you can enjoy confidence in Columbia as your local, small business experts. In fact, according to the SBA, we are the only credit union in Western Washington and the Portland Metro area to be designated as an SBA Preferred Lender.

Quick Loan Turn Around
Our strong SBA track record and preferred status allow us to approve your small business loan with streamlined review from the U.S. Small Business Administration for Washington. In-turn, this helps us process your loan quicker.

Schedule an appointment with a business services professional online or call 360.619.3060 to find out if an SBA loan could work for you.

SBA 7(a) Loan
The SBA’s primary business loan program helps qualified small businesses obtain financing when they might not be eligible for other business loans. The loan program can be used for a variety of general business purposes, including expansion and commercial real estate.

SBA Express LoanĀ 
The SBA Express loan provides a limited guaranty for term loans and revolving lines of credit up to a maximum of $350,000. The processing time is usually expedited over a regular 7(a) loan.

SBA 504 Loan
The 504 Loan Program provides long-term, fixed-rate financing for small businesses to acquire real estate, machinery or heavy equipment for expansion or modernization. These loans require as little as 10 percent down payment from the borrower.

Get more information on these small business loans at the SBA website.