Term Loans

Purchase assets, expand, make improvements or refinance existing loans. Stay financially stable and operational with fixed payments over the life of the loan.

Business loan rates and terms you’ll appreciate, whatever the need.

Vehicles, inventory, equipment, machinery – your terms, your decision how to use it.

Business Vehicles

At Crane Credit Union, we’re always looking for innovative tools to help your business grow. Use our term loans to finance the purchase of business vehicles, whether it’s for company cars, trucks, vans or specialized vehicles needed to run your business.

  • Available as secured loan requiring collateral or unsecured without collateral
  • Short-term or long-term loans
  • Fixed monthly payment for the life of the loan, providing predictability and stability for your budget
  • Available to refinance auto loans with other institutions, potentially securing better rates or terms and consolidating your debt to simplify your financial management

Inventory

Seasonal inventory needs call for flexible financial tools to keep your operation humming without tying up cash flow. Term loans are ideal for businesses that need to stock up on goods for sale but don’t have the immediate cash on hand.

  • Available as secured loan requiring collateral or unsecured without collateral
  • Short-term or long-term loans
  • Fixed monthly payment for the life of the loan, providing predictability and stability for your budget
  • Available to refinance business loans with other institutions, potentially securing better rates or terms and consolidating your debt to simplify your financial management

Equipment

Term loans give you the flexible financing you need for acquiring essential business equipment, such as machinery, technology, or other tools necessary for operations.

  • Available as secured loan requiring collateral or unsecured without collateral
  • Short-term or long-term loans
  • Fixed monthly payment for the life of the loan, providing predictability and stability for your budget
  • Available to refinance business loans with other institutions, potentially securing better rates or terms and consolidating your debt to simplify your financial management

Farm Machinery

Purchase or refinance farm machinery without skipping a beat in maintaining your agricultural business or expanding your operations.

  • Available as secured loan requiring collateral or unsecured without collateral
  • Short-term or long-term loans
  • Fixed payment for the life of the loan, providing predictability and stability for your budget
  • Available to refinance business loans with other institutions, potentially securing better rates or terms and consolidating your debt to simplify your financial management

Thank you for your interest in becoming a Crane Credit Union member.

Here’s what you’ll need to join:

  • Driver’s License
  • Social Security Number
  • Current financial institution account and routing numbers

Important Information about Applying for an Account

To help the government fight the funding of terrorism and money laundering activities, U.S. Federal law requires financial institutions to obtain, verify and record information that identifies each person (individuals or businesses) who opens an account.

What this means for you: when you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask for your driver’s license or other identifying documents.

Thank you for your interest in becoming a Crane Credit Union member.

Here’s what you’ll need to join:

  • Driver’s License
  • Social Security Number
  • Current financial institution account and routing numbers

Important Information about Applying for an Account

To help the government fight the funding of terrorism and money laundering activities, U.S. Federal law requires financial institutions to obtain, verify and record information that identifies each person (individuals or businesses) who opens an account.

What this means for you: when you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask for your driver’s license or other identifying documents.

Business Credit Cards

A convenient solution to manage short-term cash needs, whether it’s for seasonal working capital, inventory or other expenses.

You may also be interested in:

Home Equity Loan

Leverage a long-term investment to finance a short-term project. Tap into your home equity with a Crane Credit Union Home Equity Loan.

Learn More about home equity loans

Crane Cares

See how Crane Cares makes an impact on your community, from random acts of kindness to partnerships with local schools and organizations.

Learn More about our community impact