Loan Programs

MBL believes that the future financial health of credit unions will be dependent on member business lending, especially SBA lending. SBA lending has many advantages over conventional member business lending. The government guaranty reduces risk, substantially increases earnings and improves liquidity through an active secondary market, and best of all, minimizes impact on the regulatory lending cap and limits. SBA loans allow for loans with longer maturities and higher loan amounts than NCUA regulations would otherwise permit.

As commercial banks tend to focus on large business, which represents only the top third of the business lending market, small businesses have not received the adequate capital support they need from the banking industry. SBA lending also helps credit unions to fulfill their role in “serving the underserved.” Traditionally, commercial banks have ignored the most important portion of the business lending market, small business.

To meet the needs of small businesses, MBL’s loan delivery methods include secured and unsecured lines of credit, working capital loans, debt refinance loans, and loans for the acquisition of equipment and commercial real estate. In short, MBL enables credit unions to provide the business loan products that match their business members’ needs.

MBL has found that offering these unique products to credit union members, when their businesses are relatively new, often leads to larger loans and more business services as the businesses mature. Offering these loans and business services also builds loyalty and leads to increased product per household penetration in the form of higher business deposits, greater use of business credit cards, and higher demand for vehicle loans and other traditional credit union products for the business and its employees.

MBL adds value to the entire credit union industry by removing barriers to business lending, allowing credit unions to affordably develop quality business loan portfolios.

  • Business Express Lines of Credit – An unsecured revolving credit line up to $50,000
  • Secured Line of Credit – A revolving line of credit generally secured by accounts receivable, inventory or other fixed assets
  • Conventional – Traditional, non-guaranteed member business loans
  • Construction – Building renovation or new construction loans
  • Equipment – Equipment acquisition loans
  • Business Acquisition – Business purchase financing
  • Commercial Real Estate – Loans secured by commercial property