Loans that fit all of your company’s needs
Lines of Credit | Term | Commercial | More Loan Options
Loans that fit all of your company’s needs
Lines of Credit | Term | Commercial | More Loan Options
Are you ready to start the business you’ve been dreaming about? Or maybe it’s time to expand the company you established years ago? If you’re considering borrowing money for your business, you’re not alone. Business owners borrow millions of dollars each year for a wide variety of reasons, and taking out a loan can be a smart move for your bottom line.
Whether you’re looking for a short-term line of credit or a long-term loan for a major expense, we offer multiple options designed to fit your company’s unique needs. And, as part of Redstone’s exceptional member service, we work hard to find a lending option that’s just right for you, whether you’ve been in business for a few days or a few decades.
You never know when you might need some extra cash for your business. Much like a credit card, a Line of Credit allows you to borrow only what you need up to a certain amount. This flexible option is ideal for managing your company’s cash flow or acquiring short-term funds.
When you want to borrow a lump sum and need more time to repay, a Term Loan offers repayment schedules tailored to fit your company’s cash flow. And if you’re ready to pay down the loan before the term ends, we do not charge prepayment penalties.
Are you planning to purchase or construct a new facility or refinance or expand an existing property? This option includes highly-competitive rates and flexible repayment terms.
Need access to start-up capital? Take advantage of the Business Assistance Microloan program funded in a partnership by Redstone Federal Credit Union, The Catalyst Center, and North Alabama Revolving Loan Fund.
Must be current RFCU® member or Membership Partner to open a Business account or use any service. Must be eligible for membership and open a share savings account to become a member. A $5 minimum balance is required to open share savings account and must be maintained in share account at all times. Must not have caused RFCU a loss in order to be eligible to open a checking account. Business owner must visit a branch to complete account setup. Signature is required for obtaining a Business Visa Debit Card. A business share account must be opened in the business name in order to obtain a loan. Documents required to open account and obtain loan. See membership and loan application for more details. Loans subject to credit approval. Fees and other restrictions may apply. RFCU is an Equal Credit Opportunity Lender.
Are you ready to join the credit union that puts you first? Become a member of the Redstone family and you’ll start enjoying the great rates, personalized financial advice, and excellent customer service Redstone is known for.