How to Finance a Business

How to Finance a Business

Couple discussing Small Business Financing Options

“Greater” business financing options

At Greater Alliance Federal Credit Union, we take particular pride in the services we provide to our business members. When our members come to us asking how to finance a business, we answer with financial solutions that help numerous area businesses grow and succeed. In turn, we’ve seen how these businesses have provided employment and services for our members and for Bergen and Passaic counties at large.

For more than 80 years, Greater Alliance, a community-based nonprofit credit union, has taken profits from our operations and re-invested it in our members by providing lower-cost loans and financial services. We work hard to help our members manage their money and make good financial decisions.

A Greater Way to Finance with Small Business Loans

Greater Alliance’s approach to our business members is distinctly different from that of a for-profit commercial bank. With our member-benefit focus, we offer small business loans with lower interest rates and fewer fees, whether you need financing for daily operations, a real estate purchase, new cars and trucks, or an investment in upgraded equipment and technology. For our business members seeking a loan or line of credit, that means:

  • No loan application fee
  • Low 1 percent loan origination fee
  • Lower interest rates
  • Flexible terms tailored to your operational needs

 

Financial Tools for Daily Operations

 

Greater Alliance does more than provide loans and lines of credit. Our business services include:

  • Unlimited check writing with customized checks
  • Next-day access to funds
  • Lower merchant services fees
  • Visa® debit cards and surcharge-free ATMs
  • $0 monthly account maintenance charges

Greater Alliance is Ready to Serve our Business Members

Our business members are busy people, which is why we have three locations, along with free online, mobile and telephone banking and a host of digital tools like loan calculators, updated online rate postings and tools like DocuSign eSignatures.

Talk to Someone Who Listens

But discounts, low rates and 24/7 online access are just part of the Greater Alliance story. We take the time to learn about a member’s business. We see our role as a business partner, one in which we share a business’s goals and understand its opportunities and challenges.

Our experienced loan representatives and partners at GreenPath™ Financial Wellness provide free guidance on small business loans, real estate investments, cash flow and other financial factors. And because our loan decisions are made in-house, business members enjoy quick loan review and approvals.

Financing Customized to each Business Member

So, the next time you’re wondering how to finance a business, give us a call! Whether you seek a line of credit, a loan for real estate, vehicles, or operations and site upgrade, or personalized checks, Greater Alliance will provide a solution uniquely suited to you. It’s what we call “The Greater Way!”

Have questions? Contact our Business Banking Team: