Members First Credit Union
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Business Lending

Members First Credit Union offers a wide range of beneficial loan products to help your business to grow and succeed.

 

Business VISA® Credit Card

A Members First Credit Union Business Visa Credit Card is a convenient way to make purchases and track card holder spending. We can also save you money with interest rates as low as 9.90% and no annual fees.  You will also earn ScoreCard Reward points for every purchase that you make.

Consumer Real Estate

We can provide you peace of mind knowing that we offer commercial real estate loans for a variety of business properties whether you are buying an existing property or looking to refinance.

Equipment and Vehicle Financing

When you need what it takes to make your business run, we can save you money with our low rate, flexible term loans.
 

Which lending option will best fit the needs of your business? Contact Susen at 888-835-5151 ext. 1316 or  sjohnson@mfcu.net.
 

 

Resources for Small Businesses

In cooperation with the Michigan Economic Development Corporation (MEDC) and the Michigan Small Business;Technology Development Center (MI-SBTDC), more than 30 Michigan credit unions have committed an initial $43 million for small business loans that will benefit more than 2,000 new businesses - and more are expected to join throughout the year.  Learn more.


Information Needed When Applying

When applying for a business loan from Members First Credit Union, you will need to identify your business entity and provide the needed documents noted under each business type.

Proprietorship

  • Certificate of Assumed Name - Doing Business As (DBA) Papers, if applicable

  • Proof of Federal ID number in the business name

  • ID (Drivers License) of all authorized users on account

  • Last three years of personal and business tax returns

Partnership

  • Certificate of Co-Partnership - Doing Business As (DBA) Papers, if applicable

  • Proof of Federal ID number in the business name

  • Partnership Agreement

  • ID (Drivers License) of all authorized users on account

  • Last three years of personal and business tax returns

Corporation

  • Articles of Incorporation

  • Certificate of Good Standing

  • Proof of Federal Tax ID number in the business name

  • ID (Drivers License) of all authorized users on account

  • Corporate Bylaws

  • Last three years of personal and business tax returns

Limited Liability Company

  • Articles of Incorporation

  • Certificate of Good Standing

  • Proof of a Federal Tax ID number in the business name 

  • Operating Agreement, if applicable

  • ID (Drivers License) of all authorized users on account

  • Last three years of personal and business tax returns

Organizations and Associations

  • Copy of Bylaws or Charter

  • Proof of Federal Tax ID Number in the organization's name

  • ID or Driver's License of all authorized users on account

  • Last three years of personal and business tax returns

Members First Credit Union may require additional paperwork when applying for a business loan.

Members First Credit Union | P.O. Box 2165 | Midland, MI 48641 | Phone (888) 835 5151 | mail@mfcu.net
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Federally Insured by NCUA
NCUA - Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government agency. Equal Housing Lender - We do business in accordance with the Fair Housing Law and Equal Opportunity Credit Act