Benchmark provides Small Business Financing through our partnership with
NU Direction Lending
Nu Direction is a small business lender owned by federally insured, not-for-profit credit unions. Applications and loans are processed through Credibility Capital. Your business can receive instant preliminary offers, and loans up to $500,000 with funding in as little as one week. If you are looking for fast, fair, reliable, and transparent financing for your business with a personal touch, consider the NU Direction Lending experience.
Loan Program Qualifications
Non-real estate loans of $25,000 to $500,000 available in all states except: VT, NV, SD, ND require Personal Guaranty, UCC-1 filing on all business assets and Membership with participating credit union.
Rates: 6.99% -18%
Loan Term: 1 -5 years, monthly payments, Fees 1-6% origination fee (5-year term requires a minimum loan of $150,000)
Amortization: Fully Amortized
Creditworthy Businesses & Business Owners
- Time in business > 24 months
- Last 12 months revenue > $150,000
- No bankruptcy in past 5 years
- No unpaid judgment or lien in past 5 years
- No collections, charge-off or 90+ trade in last 24 months
- No current delinquencies
- FICO > 650