Loans
Business Lending
Highmark Federal Credit Union offers a wide range of business loans to credit qualified business members. Highmark makes loans ranging from $25,000 to $5 million to both startup and existing businesses nationwide. Funds can be used for a wide range of business needs, including:
- Purchasing or refinancing commercial real estate: Mortgage loans or longer terms loans for financing residential rentals, commercial real estate, and non-real estate business property.
- Opening, expanding or acquiring a business.
- Working capital for funding day-to-day operations.
- Purchasing equipment or commercial vehicles.
- Making leasehold improvements.
- Commercial construction or building renovation improvements.
- Refinancing existing business debt.
Small Business Administration Lending
Program Highlights
- General loan parameters:
- Loan sizes from $25M to $2MM
Variable interest rates tied to prime
Limited or no prepayment penalties
100% financing considered
Accounts Receivable Financing
Program Highlights
- Advantages of accounts receivable financing:
- Satisfy payroll needs
Offer credit to your customers
Reduce bad debt
Take advantage of early payment discounts
Meet increasing sales demands
Improve cash flow
