Business/Commercial Loan Application Process

 

Click here to obtain a Business Loan Application (pdf)

In order to expedite the application process please provide the following information. 

  • Business Plan
  • Personal Financial Statement for EACH Borrower/Guarantor. Click here to obtain Personal Financial Statement  (pdf)
  • Personal Income Tax Returns for the last three years for EACH Borrower/Guarantor of the company (all schedules and W-2’s)
  • Business Income Tax Returns for the last three years if organized as a Corporation or Partnership (complete returns)
  • year-to-date Business Financial Statement if last year-end is more than 90 days from application
  • Income and Expense projections for at least one year (cash flow or budget analysis)
  • If organized as a Partnership or Corporation, please enclose copies of the Articles of Incorporation or Sole Proprietor and a copy of the Certificate of Assumed Name.

    FAX APPLICATIONS TO: CU Member Business (651) 787-9573
    MAIL APPLICATIONS TO: CU Member Business, 500 Main St., New Brighton, MN 55112

If you do not have access to a copy machine, please mail your originals and we will make the copies and return the originals back to you.

Please attach an itemized list of any machinery, equipment, fixtures and/or other items that could be used as collateral.  Also, enclose all purchase agreements.

We appreciate your business and look forward to meeting your financial needs.

     
 

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