Business loans
Overview
Get the cash you need to succeed
Helping you achieve your business goals is important to us. That's why we offer flexible financing options and top-notch quality service to every member.
From daily support to long-term growth, business loans give entrepreneurs and nonprofit leaders the backing they need to make their dreams a reality. We've been working with both business and nonprofit organization professionals since our inception. Our competitive rates paired with a unique faith-based approach and personalized services make us an easy choice when it comes to lending.
Use TCU business loans and credit to:
From daily support to long-term growth, business loans give entrepreneurs and nonprofit leaders the backing they need to make their dreams a reality. We've been working with both business and nonprofit organization professionals since our inception. Our competitive rates paired with a unique faith-based approach and personalized services make us an easy choice when it comes to lending.
Use TCU business loans and credit to:
- Fund purchases of office equipment.
- Aid in remodeling.
- Fund purchases of new or additional property.
- Protect your checking account from being overdrawn.
- Supply working capital for your business.
Business Loan Types
Purpose: To fund purchase or refinance of business properties.
- Secured by property
- You're responsible for the origination fee, title, appraisal and other third-party costs.
- Fixed interest rate set at closing based on margin over the five years U.S. treasury index.
- Up to 30 year amortization.
- Secured and unsecured
- Requires minimal documentation.
- Small document fee depending on loan collateral.
- Three to seven year maturity, fixed rate loan with pricing based on credit score and term of loan.
Purpose: Offers working capital for your business
- Secured and unsecured
- For lines $10,000 to $100,000.
- Minimal setup fees.
- No annual fee or non-usage fee.
- Minimum repayment, interest only.
Purpose: To protect your checking account from being overdrawn
- For lines up to $5,000.
- No setup or transfer fees.
- Minimum repayment, interest only.
- Construction to Permanent Loans
- SBA Loans – 7(a) and 504
- Business Equipment and Vehicle Loans
Connect with a TCU business loan consultant to help you achieve your business goals. Call 612-844-8512 to schedule an appointment with a banker.
Interior view of a modern church with empty pews
Interior view of a modern church with empty pews
Consider Thrivent Church Financing* for your church loan
Thrivent Church Financing* has provided mortgages to thousands of Christian churches since 1905 and offers a variety of compelling short- and long-term fixed rate loans. This team understands how churches function and can provide a customized loan that fits your unique situation.
Christian churches and organizations work with Thrivent Church Financing* to:
thriventchurchloans.com or call 800-984-9425 to learn about options for refinancing an existing loan or obtaining a new construction loan.
Christian churches and organizations work with Thrivent Church Financing* to:
- Refinance existing mortgage loans.
- Purchase new property.
- Obtain funding for construction, expansion or renovation.
- Obtain funding for repairs (parking lots, roofs, HVAC, etc.).
Leaving TCU
You are now leaving Thrivent Credit Union's website. Deposit and lending services are offered by Thrivent Credit Union, the marketing name for Thrivent Federal Credit Union, a member-owned not-for-profit financial cooperative that is federally insured by the National Credit Union Administration and doing business in accordance with the Federal Fair Lending Laws. Insurance, securities, investment advisory and trust and investment management accounts and services offered by Thrivent, the marketing name for Thrivent Financial for Lutherans, or its affiliates are not deposits or obligations of Thrivent Federal Credit Union, are not guaranteed by Thrivent Federal Credit Union or any bank, are not insured by the NCUA, FDIC or any other federal government agency, and involve investment risk, including possible loss of the principal amount invested.
Any data or personal information collected by websites other than Thrivent Credit Union (TCU) is not covered by TCU's privacy policy. We recommend you read the privacy policies of those sites as they may be different from TCU's policy.
Any data or personal information collected by websites other than Thrivent Credit Union (TCU) is not covered by TCU's privacy policy. We recommend you read the privacy policies of those sites as they may be different from TCU's policy.
*Except where indicated with an asterisk (*), deposit and lending services are offered by Thrivent Credit Union, the marketing name for Thrivent Federal Credit Union. Thrivent Church Financing is not a part of Thrivent Credit Union. It is a division of Thrivent, the marketing name for Thrivent Financial for Lutherans. Thrivent Church Financing does not require a membership with Thrivent Credit Union.