fbpx

Small Business Loans

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
FICO: 650+

 

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

 

If you wish to apply for a small business loan through NU Direction, please click here!

You are now leaving Benchmark FCU

Benchmark FCU provides links to web sites of other organizations in order to provide visitors with certain information. A link does not constitute an endorsement of content, viewpoint, policies, products or services of that web site. Once you link to another web site not maintained by Benchmark FCU, you are subject to the terms and conditions of that web site, including but not limited to its privacy policy.

You will be redirected to

Click the link above to continue or CANCEL