Business Loans

When you need extra cash, we’re here for you.

Whether your business needs money for short-term expenses or for a long-term investment, count on MECU to come through for you.

Sometimes, a business needs a helping hand. To invest in its future. To capitalize on an opportunity. Or simply to keep things running smoothly.

Big business. Small business. Your business. There are times when a business loan from MECU can be the perfect solution. You’ll enjoy competitive rates. Flexible terms. And as always, personal service that makes getting the loan you need remarkably easy.

  • Commercial real estate loans
  • Residential investment real estate loans held by a business entity
  • Vehicle loans
  • Equipment loans
  • Business lines of credit

In addition to conventional loans for businesses, MECU offers long-term business loans guaranteed by the Small Business Administration. MECU can provide you financing through two SBA loan programs:

The SBA 7(a) Loan Guaranty Program

One of the SBA's primary loan programs, SBA 7(a) offers loans up to $5 million that can be used for a variety of purposes, including:

  • To purchase commercial real estate
  • To purchase furniture and fixtures
  • To purchase machinery and equipment
  • To purchase additional inventory
  • To refinance existing debt

The SBA CDC/504 Loan Program

The SBA CDC/504 Program involves Certified Development Companies, which partner with MECU to provide long-term, fixed-rate financing to small businesses to acquire real estate, machinery or equipment for expansion or modernization. Borrowers can typically finance up to 90% of eligible project costs with long-term, below-market, fixed interest rates.

For a list of our fees, please check our fee schedule.

For rates and other information, call 847.576.5199, then choose options 7 and 2, or email

MECU business loans are currently available in Illinois only.

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