COMMERCIAL LOANS

Whether your business needs a store-front, a studio or a suite of offices, Lockheed Federal Credit Union can help you finance (or refinance) the space you need to grow your company. Our knowledgeable staff will help you make the most of favorable rates and abundant real estate inventory to find the right loan to fit your needs.

We finance commercial properties in our branch servicing area. We get to know your business needs and goals, then focus on delivering the same personal service you’ve come to expect for your personal banking needs. With loan amounts up to $2 million and fixed or variable rate options, we can build a loan that works for you.

		Commercial Real Estate Loan		SBA 7(a) Real Estate Loan		SBA 504 Real Estate Loan
Ideal For		Business or commercial property owners		Business property owners		Business property owners who plan to occupy at least 51% of the purchased space
Loan Amount		Up to $2 million		Up to $2 million		Up to $2 million
Term		Terms up to 7 years with 25-year amortization		Fully amortized up to 25 years		Terms up to 10 years with 25-year amortization
Property Types		Office, Retail, Multifamily, Light Industrial, Light Manufacturing		Retail, Light Industrial, Light Manufacturing		Retail, Light Industrial, Light Manufacturing
Benefits		Up to 65% financing No prepayment penalty		Up to 90% financing Longer terms compared to conventional bank loans		Up to 90% financing Longer terms compared to conventional bank loans
Rates		Fixed or Variable		Fixed or Variable		Fixed or Variable

LFCU is a preferred SBA lender, so we can provide superior turn around times. To speak to an LFCU Commercial Loan Representative, please contact us at (888) 718-LFCU (5328), ext. 2470 or email businesslending@lfcu.com.