Biz Loans

Ideal Credit Union Commercial Services department offers innovative financing options to fund your business expenses with competitive rates and a variety of terms. We discuss alternatives one-on-one with you and are here to be the personal advocate for you and your business. Let Ideal Credit Union help make your business dreams a reality!

Business Term Loans

Ideal CU term loans are designed to finance the acquisition or modernization of a company's productive assets. They can be used for the purchase of business equipment, machinery, vehicles, fixtures, and to make leasehold improvements. They can also be applied toward the expansion and renovation of facilities.

Business Line of Credit

Ideal CU offers a variable-rate Line of Credit that is easy to use and can be tied to your business assets. You can reuse your credit line as you pay down your balance and money becomes available again. This helpful option can supply short- and long-term cash in a variety of situations as business needs arise.

Business Real Estate

Ideal CU offers competitive financing for business real estate, including new purchases or refinancing existing commitments for:

  • Business properties, both owner and non-owner occupied
  • Rental housing, apartments, or combination business/residential properties

Business Loan Application

Thank you for your interest in our business lending solutions! The following is provided to assist you through the process of gathering the necessary information for the evaluation of your loan request(s). Complete information will ensure timely evaluation of your request. Please provide the following documents (when applicable):

  • Business Loan Application (Download PDF) (Submit Online)
  • Personal Financial Statement (Download PDF) (Submit Online)
  • Last three years of completed Business Tax Returns containing including ALL schedules
    (2 years for aggregate loan balance(s) under $50K)
  • Last three years of Business Financial Statements
    (2 years for aggregate loan balance(s) under $50K)
  • Income Statements (or "Profit and Loss Statement")
  • Balance Sheets
  • Last three years of Personal Federal Tax Returns containing all schedules for all guarantors and State Tax Returns, including ALL schedules, for each natural person (2 years for aggregate loan balance(s) under $50K)
  • Copy of Partnership Agreement, Articles of Incorporation or Articles of Organization, if applicable
  • Purchase order/purchase agreement for collateral being acquired

After photocopying your financial statements and tax returns, please affix them to your completed application and drop off at a branch location or fax to 651-747-1755.

Get started today!

For more information or to request an appointment, please call Commercial Services at 651-747-8900, email This email address is being protected from spambots. You need JavaScript enabled to view it.