Business Loans
Commercial Real Estate Loans
Commercial Owner-Occupied Real Estate Loans
If you're looking to buy or build your company’s workplace, our Commercial Owner-Occupied Real Estate Loan is for you. Take advantage of the benefits of owning your own real estate. When you own your property you control:
- The condition of the property with maintenance improvements
- Increasing rents as lease rates typically go up over time
- Who your neighbors are if there are additional tenants in the building
Term Loans for Business Expansion
Grow your business with our Business Expansion Loan. Whether you are wanting to increase the number of locations you have, or expand your products and services, this is the loan for you. This loan option also includes:
- Equipment Loans
- Vechicle Loans
SBA Loans
Small businesses empower our members and strengthen our community. That’s why Essential participates in several Small Business Administration programs. These programs include:
- 7(a) Loans — used for helping small businesses, with financing guaranteed for a variety of general business purposes
- Loans up to $5 million
- 75% SBA Guarantee
- Express Loans — a response to an application will be given within 72 hours
- Simple process
- Loans or Lines of Credit up to $350,000
- 50% SBA Guarantee
SSBCI Loans Micro Lending Program
Enjoy competitive interest rates on targeted loans ideal for entrepreneurs with smaller financing needs. Find out if this loan is right for you:
- Small businesses or startups with smaller financing needs.
- Minimum loan value: $1,000
- Maximum loan value: $100,000
- 100 or less employees