Call us at 800-562-7328

Small Business Services

Business Lending Services

Looking for the best way to build your business? Whether you're looking to acquire machinery or equipment, furniture or fixtures, real estate, inventory or working capital-we're here to help! RFCU can provide you with the financing at favorable terms and notes with no pre-payment penalties.

Typical Pre-requisites and Conditions

Rockland Federal Credit Union generally requires that on all Commercial Business or Real Estate loans the owner(s)/principal(s) of the business or real estate entity provide unlimited, personal guarantees. Other requirements for Real Estate Loans could include:

A maximum Loan to Value ratio of 75-80%;
A minimum Debt Service Coverage ratio of 1.20:1;
New, credit union-engaged appraisals and environmental reports; and
Initial, then annual submission of both personal-and business-related financial information.

Keep in mind that the requirements on each loan may vary widely-speak with Business Development Officer, Tim Martin to discuss your particular situation call 781-878-0232 or 800-562-7328 extension 147.

Some examples of how we do business...

At RFCU we are working with local businesses to finance these important ventures:

$790,000	400 Seat Restaurant	Attleboro
$1,600,000	Retail Complex	North Attleboro
$480,000	Multi-family Apartment Building	Quincy
$490,000	Office Condominiums	Medfield
$650,000	Land Purchase	Taunton
$675,000	Speculative Construction	Wellesley

What type of loan are you interested in?

Submit a Small Business Loan Request

Print Commercial Loan Application