Commercial Real Estate Secured LOC

Hoping to boost your working business capital?
Expecting recurring purchases over the next five years?
Do you want low, interest-only payments?

A Desert Schools Commercial Real Estate Secured LOC enables you to enhance your company's cash flow, purchase inventory, expand your business, finance receivables and support seasonal or cyclical shifts in business. Since it is a revolving line, the funds become available again as you pay down the balance . . . so you can continue to grow and invest, as needed.

  • No pre-payment penalties1
  • Finance up to $5,000,0002
  • Competitive variable rate
  • Interest-only payments with terms up to five years3
  • Interest is usually tax deductible4
  • Free Online Banking and PAL
  • Free eStatements and Alerts

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. Property must be located in Arizona. First or second lien position.
1Approximate 1% origination fee.
2Minimum loan amount $250,000; maximum 80% loan-to-value.
3Minimum accrued interest payment due the 1st of each month.
4Consult 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