Summerland Credit Union

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Home arrow Loans arrow Loan Types arrow Commercial Loans
Overdrafts

 Overdrafts for business owners are generally offered in need to cover short term funding gaps in the cashflows of the business and can by used to supplement other financial products to structure your business finance to best suit your needs.

The facility is generally used on your operating account and allows you to overdraw up to the agreed overdraft limit.

One of the best features of the overdraft is that you only pay interest on the amount overdrawn and not on the overdraft limit.

We have commercial loans specialists to assist you provide you with the necessary tools to make your business a success.

Apply Now via PCaccess or Click Here to access our application form.
 
Amortised Loan
 Commercial Loans secured by real estate are available to those members seeking finance for a commercial or business venture.

Amortised loans of up to 15 years are available and can be offered on a variable rate or a fixed rate basis with a fixed rate period of up to five years

We generally require to view financial statements for the past three years and/or cash flow forecasts to consider commercial loans. 

Apply Now via PCaccess or Click Here to access our application form.
 
Leasing

LeasingWe offer business customers a complete range of business leasing services including:

  • Finance leasing
  • Novated Leases
  • Chattel Mortgages
Apply Now via PCaccess or Click Here to access our application form.
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