Business Loans

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
Commercial Construction loans can be funded as interest-only that convert to permanent financing upon completion.

  • Loan Amounts: Up to $5,000,000
  • Terms: Flexible and negotiable
  • Loan to Value: Up to 75%
Commercial Real Estate (purchase/refinance)
Commercial Real Estate loans are normally used when members are purchasing or refinancing an existing retail structure.
  • Loan Amounts: Up to $5,000,000
  • 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 sole proprietorships to large enterprises.
  • Loan Amounts: Up to $500,000
  • 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.
  • Loan Amounts: Negotiable
  • 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 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.
  • Loan Amounts: Up to $100,000
  • 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.
  • Loan Amounts: Up to $50,000
  • Terms: Open ended approval

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)
  • Up to 2 years of tax returns for the business
  • Up to 2 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

Please return all completed documents to a Firstmark Credit Union branch "Attention: Business Lending" or electronically fax them to (210) 442-0129.

Download Application

For more information, fill out the online form, call our (210) 308-7868 or visit the nearest branch.