Commercial Installment Loans

We have the expertise and experience to design a loan package to fit your needs.

Fuel Your Business.

There are two primary types of installment loans, secured and unsecured. Secured installment loans use borrower’s assets as collateral for the money being borrowed. By using collateral, secured loans usually have a lower interest rate than unsecured loans. Unsecured installment loans do not require collateral. Our experienced staff at Generations Federal Credit Union will work with you and help determine which type of installment loan is right for you.

  • Perfect for buying equipment, expanding operations or other large investments
  • Flexible rate and terms to fit your budget
  • Predictability of a fixed schedule since the maturity is set and the payment, both principal and interest rate, are constant.
  • Repayment terms up to 60 months

Loan Rates

Equal Opportunity Lender. The credit union makes loans and extends credit without regard to race, color, religion, national origin, sex, handicap, or familial status.

What information should I be able to provide for a business loan request?
Am I allowed to apply for a business loan at any stage in my business?
Will the monthly payment amount change?
The benefit of selecting an installment loan versus a credit card or a line of credit?
Do I have to disclose how loan proceeds will be utilized?