Small Business Secured Term

Ready to replace old machinery?
Want to purchase or refinance equipment?
Looking to refinance for a lower payment?

Upgrade your business equipment with a Desert Schools Small Business Secured Term Loan. The fixed rate and full amortization deliver a competitive monthly payment for budget-conscious small business owners. After all, you need quality tools to serve your customers; so, obtain the quality, local financing you deserve.


Small Business Secured Term
  • No application fees or pre-payment penalties
  • Purchase or refinance1
  • Competitive fixed rates2
  • Terms up to seven years
  • Full amortization
  • Interest is usually tax deductible3
  • Free Online Banking and PAL
  • Free eStatements and Alerts
Business members with a Small Business Secured Term Loan are able to purchase or refinance equipment or machinery, or recapitalize your business using equity in equipment or machinery you own. Repayment is through the monthly cash flow of your business.

Open to sole proprietorships, partnerships (including LLPs), LLCs, corporations, trusts and non-profit entities that have been in existence for three years. Start-up and business acquisition transactions are ineligible. Income verification may be required.
1Minimum loan amount $10,000; maximum 80% loan-to-value (LTV) on new equipment, and maximum 65% LTV on used.
2Principal and interest payment due the 1st of each month.
3Consult your tax adviser regarding your individual tax situation.

Equal Housing Lender Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S.Government Agency. ©2014 Desert Schools Federal Credit Union