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Business Loans & Lines of Credit

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Loans to move your enterprise forward

We all need a little help sometimes...

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Ag & Business Loans

Expanding business operations, buying a tractor, filling the grain bins? Business loans can help provide working capital, purchasing of equipment or fixtures and help with the repair of ​existing equipment. 


Lines of Credit

Flexible financing to help manage Accounts Receivables and inventory needs with cash flow. These are specifically tailored to meet your business' needs, ensuring funds are available when you need them. 


Letters of Credit

Guarantee payment to suppliers so you can keep your business moving forward. These are a useful tool for businesses that need to regularly
​provide guarantees for work or services provided. 


Why choose Stride?

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Grow with us

Around the corner – and throughout our communities – we're here to support your operation. Our agriculture and commercial specialists are here for you, now and tomorrow.

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Buying and selling foreign currencies?

StrideFX: a new, convenient way to buy and sell foreign currency from the comfort of your office.


Getting a loan for your business starts here:

Apply online

You can apply online or book a time to visit with an expert so we can collect the information we need.

Get a decision
We'll personally review your application and let you know if any further information is required.
Sign and finalize

If approved, simply book a time in-branch to finalize the paperwork or e-sign from home.

Your lending questions answered

A line of credit is a flexible loan from the Credit Union. It is a defined amount of money that you can access as needed and then repay immediately or over a prespecified period of time. As with a loan, a line of credit will charge interest as soon as money is borrowed and borrowers must be approved by the Credit Union.

A business line of credit is typically used to purchase inventory or to provide cash flow when waiting on collection of receivables.

A term loan is financing a capital asset over a longer time frame (beyond one year) while a line of credit finances a purchase that is going to create a return on investment in the short term.  Typically term loans would be used to help with the purchase of equipment, furniture and fixtures, help with equipment repair, and help to consolidate debt.

See the checklist here to find out what information is required to open an account. For any lending, we also require 3 years of financial statements.

​Have more questions?

Don't hesitate to reach out! Our experts will happily help you figure out your options and what they mean for your business.

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Start your loan application today!