Education is Essential

Beneficial Business Loans in Baton Rouge

Taking care of a business can be a big challenge. Occasionally, you might need some help. That’s where we come in! At Essential Federal Credit Union, we offer our members exceptional business loans. These beneficial business loans could not only help your business—they could save it! However, we don’t just offer one kind of business loan to our members. We have an entire array. Because you deserve to have the best business loan in Baton Rouge for you and your business.

What Do We Offer?

We know how complicated running a business can be. So that’s why Essential FCU offers an assortment of business loans to our members. It’s your livelihood, so it’s important to make sure you’re being taken care of. We offer these specific loans to businesses:

  • Commercial Owner Occupied Real Estate Loans: Own the building your business works in. Because owning the building enables you to control the condition of the property, the rent, and who else works in the building.
  • Term Loans for Business Expansion: Grow your business with the use of this loan. Perfect for increasing locations, expanding products, and more. This also includes equipment loans and vehicle loans.
  • Business Lines of Credit: This is available to help with short-term working capital needs. So, if you’re in need of help with inventory purchases or payroll, you can make use of this one.
  • SBA Loans: Small Business Administration programs are supported by Essential FCU. Because we believe that small businesses strengthen our community, we offer the following programs:
    • 7(a) Loans – used for helping small businesses
      • Loans up to $5 million
      • 75% SBA Guarantee
    • Express Loans
      • Simple
      • A response is given within 72 hours.
      • Loans or Lines of Credit up to $350,000
      • 50% SBA Guarantee
  • LED Guarantee Loans: Essential FCU provides guaranteed loans to assist with the development, expansion, and retention of small businesses.
    • Guarantees may range up to 75% of the loan amount, not to exceed $1.5 million
    • Guarantee fee may be waived (determined by risk)

Contact Essential FCU today to utilize these beneficial business loans in Baton Rouge.

Where Do We Offer Business Loans in Baton Rouge?

Essential Federal Credit Union has seven locations throughout Louisiana, two of which are in Baton Rouge. As a full branch, you can sign up for any of these business loans at our Siegen location. So if you’re looking for a business loan in Baton Rouge, remember where to go!

Contact Essential FCU For Business Loans in Baton Rouge

Essential Federal Credit Union’s Seigen Branch is found at 6725 Siegen Lane, Suite K in Baton Rouge. Our lobby is open from 8 a.m. – 6:30 p.m. Monday – Friday and 9 a.m. – 2 p.m. on Saturdays. Our branch offers more than just business loans. You’ll find a convenient ATM, member service representatives, and efficient tellers. So stop by today to get your business loan!