Low Rate Business Lending
We know you have big ideas for your business. We're here to help you make them a reality. With an Ideal Business Loan or Line of Credit, you can achieve a low rate, affordable payment, and get back to what you do best — growing your business.
Loan Products
- Business Term Loan for tools and equipment
- SBA Loans for versatile lending options backed by the Small Business Administration
- Business Real Estate Loan for new property or refinance
- Business Credit Card for everyday business spending
Business Term Loan
Business Term Loan
Grow and maintain your business with our competitive rates
Use an Ideal Business Term Loan to afford the tools and equipment you need to grow and maintain your business.
- Business equipment
- Machinery and vehicles
- Office fixtures and leasehold improvements
- Expansion, renovations & more!
Apply for a Business Term Loan
To apply, contact Ideal CU Senior Business Relationship Specialist Josh Anderson at 651-773-2763 or by email at
SBA Loans
SBA Loans
For business acquisition to start up-financing, SBA loans may be the best financing choice
SBA loans are backed by the Small Business Administration (SBA), a federal agency committed to assisting entrepreneurs and small businesses. As a result, SBA loans facilitate more accessible capital acquisition and offer enhanced advantages in comparison to traditional business loans.
These loans are versatile, serving diverse purposes such as addressing working capital needs, acquiring essential business assets, obtaining owner-occupied real estate, facilitating partial or complete business acquisitions and refinancing existing debts.
- No balloon payments
- Down payment options as low as 10%
- No loan covenants or monitoring requirements
- Maximum loan amounts of $5 million
Apply for a SBA Loan
To apply, contact Ideal CU Senior Business Relationship Specialist Josh Anderson at 651-773-2763 or by email at
Business Real Estate
Business Real Estate
Finance your business properties and expansions
Rely on Ideal's competitive business real estate loans for new property purchases or to refinance existing commitments.
- Fixed rates on eligible 15-year loans, with amortizations up to 25 years
- Real Estate Secured Line of Credit that features interest-only payments
- Business properties — both owner and non-owner occupied
- Rental housing or apartments
- Combination business & residential properties
Apply for a Business Real Estate Loan
To apply, contact Ideal CU Senior Business Relationship Specialist Josh Anderson at 651-773-2763 or by email at
Business Credit Card
Visa® Business Platinum
An ideal credit option for everyday business spending
Enjoy no annual fee and a low variable rate with an Ideal CU Business Visa Platinum Credit Card. Credit lines start at $5,000 and various spending limits can be set for each employee.
- CU Rewards Program
- No annual fee
- No interest on balances paid within 25 days
Easy to manage
The Ideal Visa Business Platinum allows you to create individual spending limits for each of your employees. Credit lines start at $5,000.
Apply for an Ideal Visa Business Platinum Credit Card
To apply, contact Ideal CU Senior Business Relationship Specialist Josh Anderson at 651-773-2763 or by email at
Business Line of Credit
Unsecured Business Line of Credit
Easy access to funds when you need them
- Available for working capital
- Low monthly payments
- Protects your checking accounts from overdrafts
Apply for an Unsecured Business Line of Credit
To apply, contact Ideal CU Senior Business Relationship Specialist Josh Anderson at 651-773-2763 or by email at
Business Cash Line of Credit
Business Cash Line of Credit
Easy access to funds when you need them
- Available for working capital
- Low monthly payments
- Variable interest rate
- Enhanced flexibility for businesses
- Protects your checking accounts from overdrafts
Apply for a Business Cash Line of Credit
To apply, contact Ideal CU Senior Business Relationship Specialist Josh Anderson at 651-773-2763 or by email at
Business SBA Loans
Business SBA Loans
For business acquisition to start up-financing, SBA loans may be the best financing choice
SBA loans are backed by the Small Business Administration (SBA), a federal agency committed to assisting entrepreneurs and small businesses. As a result, SBA loans facilitate more accessible capital acquisition and offer enhanced advantages in comparison to traditional business loans.
These loans are versatile, serving diverse purposes such as addressing working capital needs, acquiring essential business assets, obtaining owner-occupied real estate, facilitating partial or complete business acquisitions and refinancing existing debts.
Approved by SBA to provide 7(a) loans.
