Education is Essential

The Guide To Local Business Loans

Need a Business Loan? We Got You Covered

Are you in need of a small loan to pay daily expenses? Or maybe you are investing in a huge project and need financing to complete it. Whatever your local business loan needs are, Essential Federal Credit Union is here to help. Our variety of business loans give you options when it comes to growing your business. We aim to be the guide to local business loans, so that you have a better understanding of how a business loan can help you and what loans are out there.

The 2018 Guide To Local Business Loans

Why Get a Business Loan?

There are several reasons why a business loan might be the next smart move for you and your business. Some of these reasons include:

  • Expansion of physical location
  • Building credit  
  • Debt Consolidation
  • Equipment Purchases
  • Inventory Purchases
  • Business Income Tax
  • Investing in more talent  
  • More Working Capital
  • Investing in new business opportunities

If your business is in need of any of the items listed above, it may be time for a business loan. Let Essential help you take your business to the next level.

Bunches of Local Business Loans

When it comes to business loans, we really do provide it all. Some of the business loans that we offer include:

  • Commercial Owner-Occupied Real Estate Loans – perfect if you are looking to expand your physical workspace or buy a new space
  • Term Loans for Business Expansion – looking to expand? Whether you are looking to expand your space or your product/service this is the loan for you
  • Business Lines of Credit – this loan is optimal for short-term working capital needs, such as inventory purchases, future project costs, or company payroll
  • SBA Loans – Essential strongly supports small businesses. We offer small business loans with great benefits to prove it
  • LED Guarantee Loans – provided by the Louisiana Economic Development Corporation, Essential can provide these loans to small businesses to help with development, expansion, and retention

Of course, if you would like more information about the terms of each loan or specifics, our website is a useful resource. We also have representatives who are knowledgeable and would love to discuss why a business loan might be the remedy to your business woes.

Success Is Knocking On Your Door. Get A Business Loan Today!

We understand. Getting a business loan can be intimidating. That is why it is essential that you go with a lender that you can trust and will be there every step of the way. At Essential Federal Credit Union, we not only are experts in the field, but we believe in transparency and genuine attitudes. That is our essential difference. If you want clarification on the different business loans we offer or want to know which would be best for you, contact us today. We have representatives who would love to speak with you! Let us be your guide to local business loans.