Business Loans

Launch offers both 7(a) Small Business Administration Loan (SBA Loan) and 504 SBA Loan Program (Purchase Commercial Building). We offer quick turnaround, with the average loan closing between 25-30 days and Borrower/Lender communication throughout the process to manage timeline and expectations.

7(a) SBA Loan

• Ideal for small businesses and startup companies
• Business plan is required
• Business revenue/sales actuals and projections required
• Collateral is business assets
• Loans starting from $100k

504 SBA Loan Program (Purchase Commercial Building)

• Ideal for small businesses and startup companies.
• Business plan is required
• Business revenue/sales actuals and projections required
• Collateral is building, 10% minimum down payment
• Loans starting from $100k

NOTE: We offer Business Lending within the U.S. only.

Launch CU has partnered with MBFS to assist our members with Commercial Real Estate Lending for purchase, refinance, and remodeling.

Features:

• Construction to permanent financing is available, with amortization schedules up to 25 years.
• Loans starting from $50K
• Long-term fixed interest rate commercial mortgage

Eligibility Requirements Include:

• Established Business (2+ years recommended)
• Real Estate – 1st lien

NOTE: We offer Business Lending within the U.S. only.