Business Loans
TEG Federal Credit Union’s Commercial Lending assists business owners with a variety of financing options. We are here to answer your questions and help you grow your business. As a trusted credit union in the Hudson Valley, we understand that your business has specific financial and lending needs. Our Commercial Lending Officers can offer you custom loans designed specifically for your business.
With TEG, securing a business loan is an efficient and personable process. Working with TEG means having a team behind you that understands the local market that your business serves and can cater to your specific needs. TEG Federal Credit Union offers personalized service, flexible terms, and competitive rates. These are just a few of the many benefits of working with TEG.
If you own a small to mid-size local business, who better to help you than local experts? A variety of businesses rely on TEG for financing their business endeavors through a variety of business loans. At TEG, we’ll make the financing as-stress free as possible, so you can focus on running your company and strategizing its growth with commercial mortgages, business vehicles, business equipment and more.
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Why Choose TEG?
Working with TEG means working with a company that can appeal to local decision-making. We are readily equipped to help you with solutions to keep your business growing. Working with TEG also means receiving personalized service. Our loan officers provide services that are curated for your specific business needs. We’ll make financing easy while you grow your business.
TEG is an accessible credit union that offers competitive rates and flexible terms, which enable you to negotiate or reevaluate a loan payment.
Products
Commercial Mortgage
Whether you want to purchase or refinance a residential investment property, commercial property or mixed use property, a TEGFCU commercial mortgage may be the perfect solution.
Business Vehicle Loans
Drive your business in the right direction with TEG’s business vehicle loans. Businesses need a way to get to to customers and job sites, pick up supplies and delivery their products, so let us put you in the driver’s seat.
Business Equipment Loans
Are you renting or leasing new or used equipment or machinery to reach your business success? TEG offers business equipment and machinery loans with accessible competitive rates and flexible terms.
Business Lines of Credit
A revolving line of commercial credit allows you to borrow what you need, when you need it. It is a great way to easily access working capital and help to maintain your cash flow when you need short-term financing.
Construction Loans
Build your way to success with a construction loan from TEG. With our competitive financing and expert guidance, we’ll help you finance your construction or renovation project with a TEG Commercial Mortgage. Let us help you to simplify the process.
![michael-mazzuca](https://www.tegfcu.com/wp-content/uploads/2024/03/michael-mazzuca.jpeg)
Michael Mazzuca
Business Development Officer
Start the Application Process
Contacting a commercial lending officer is the first step to acquiring the right business loan to support your needs.
What Makes Our Lenders Different
TEG Federal Credit Union isn’t your typical credit union. Here, we have a team of local experts and local experts means local decisions. No matter your business’ size, we specialize in helping you reach solutions. We’ll be there with you every step of the way.
Business Loans FAQs
Who Can Apply?
As a local Credit Union, TEGFCU serves a variety of Hudson Valley businesses. If your business is in and/or does business in the NY counties of Dutchess, Orange, Putnam, Rockland, Sullivan, Ulster, or Westchester, then your business is eligible for all the benefits of TEGFCU Business Membership.
Not a business member yet? Let’s change that. Find out what documentation you need to join.
When we come together, everyone grows.