Commercial Lending

Firstmark Credit Union’s Commercial Lending program is designed to meet the needs of our existing and potential membership by offering a wide-array of credit products that can be approved with favorable terms.

  • Commercial Construction

    Designed to fund the development or improvement of commercial property.

    • Terms: Flexible and negotiable
    • Loan to Value: Up to 75%
  • Commercial Real Estate (purchase/refinance)

    Designed to fund the purchase or refinance of an existing retail structure.

    • Terms: Flexible and negotiable
    • Loan to Value: Up to 80%
  • Commercial Equipment (purchase/refinance)

    Designed to fund the purchase or refinance of both large and small pieces of equipment. These loans are ideal for various company structures, from sole proprietorships to larger enterprises.

    • Terms: Up to 84 months
    • Loan to Value: Up to 80%
  • Vehicle Loans (purchase/refinance)

    Whether a member is looking for a single unit or a fleet, Firstmark Credit Union can assist in providing financing for new and pre-owned vehicle purchases or refinancing from another institution.

    • Terms: Up to 84 months for each vehicle
    • Loan to Value: Up to 100%, depending upon your existing loan relationship
  • Revolving Lines-of-Credit

    Conveniently access your line of credit for any business purpose. Lines are often used to assist with cash flow, taking advantage of trade credits with other businesses and purchasing raw materials and inventory for your business.

    • Terms: 12-months with annual reviews
  • Business Platinum Visa Credit Card

    Preferred by business owners as a flexible way to monitor expenses, Firstmark Credit Union’s Platinum Visa Card empowers you to purchase inventory or material, travel, entertain and operate your daily business through one loan product.

    • Reward points accumulate every time you use your card for purchases. Redeem points for merchandise and travel. Receive 1 point for every 2 retail dollars spent
    • 25-day Grace Period on retail purchases
    • Annualized Statements make it easy to manage your account
    • Credit Limits range from $2,000 to $50,000
    • Free Online Account Access lets you conveniently pay bills and monitor your account activity anytime
    • Terms: Open ended approval

    Business Platinum VISA® Fair Credit and Charge Card Disclosure

    Business Platinum VISA Credit Card Agreement

Application Process

Loan decisions and rates normally depend on the type and amount of the loan, the member’s relationship with Firstmark Credit Union and their personal and business credit with others. Members can expect to submit the following for most loan requests:

  • A completed application that is signed/dated by the owner(s)
  • 3 years of tax returns for the business
  • 3 years of tax returns for the owner(s)
  • A current personal financial statement for the owner(s)
  • The most recent balance sheet & income statement for the business

For more information call  210.499.6621 or visit the nearest branch.

Download Application

Please return all completed documents to a Firstmark Credit Union branch "Attention: Business Lending" or fax them to 210.442.0129.