CommStar Credit Union is the only credit union in Lorain County to offer business lending, with loans for anything from fleet vehicles to commercial real estate. Call or e-mail to make an appointment to find out how we can help you reach your business goals today!
Paycheck Protection Program (PPP) Loans
The Paycheck Protection Program (PPP) is a loan designed to provide a direct incentive for small businesses to keep their workers on payroll. Borrowers may be eligible for PPP loan forgiveness.
7(a) loans to purchase land, buildings, equipment or other businesses; 504 loans to acquire commercial property.
SBA Express Loans
Features an accelerated turnaround time for SBA review.
Express 48 Loan
Business-purpose loans up to $48,000 with approvals in 48 hours *
Commercial Real Estate
Office buildings, apartments, pet stores, garages, storage facilities and more.
Owner and non-owner occupied rental properties for one to four families.
Commercial Mixed Use Property
Store fronts with apartments or residential portions. May or may not be owner-occupied.
Tractors, bulldozers, plows, widget makers, specialty tools and more.
Companies that have at least two vehicles are eligible.
Lines of Credit
Secured and non-secured options.
*48 hour approval excludes weekends and holidays. All required documents received with application. Subject to terms and conditions.