
Crescent Credit Union understands your needs and challenges. We offer business loans for virtually any purpose at highly competitive rates and terms.
Applying for a business loan is quick and easy – and you can expect a decision within three business days or less. To find out more, contact Richard Hooke at rhooke@crescentcredit.org or 781.308.2195.
Term Loans
We offer a reasonable, common-sense approach to financing, with local decisions, quick turn-around and hassle-free processing. Term Loans available up to 84 months.
SBA Loans
Whether you're starting a business or expanding one, sufficient ready capital is essential. The SBA (Small Business Administration) helps qualified small businesses obtain financing when they might not be eligible for business loans through normal lending channels.
Lines of Credit
A line of credit can help you manage your company’s cash flow. Crescent offers lines of credit to supplement fluctuations in cash flow due to cyclical variations in sales or expenses, or to finance the production or purchase of goods until they are sold and payment is received. You can repay and re-borrow as frequently as necessary. Terms available up to 24 months, secured lines up to $250,000, and unsecured lines to $25,000.
Commercial Mortgages
Crescent Credit Union can help you acquire the real estate you need for a successful business. We’re happy to explain the solutions we offer, including 10-year term and 25-year amortization for up to $1.5 million.
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