Our Bergen and Passaic communities need strong, healthy businesses. That’s why Greater Alliance Federal Credit Union is committed to helping our business members with business financing options to help them grow. We know that as they succeed, they’ll support more jobs and services in our neighborhoods.
Business members enjoy benefits not available from a for-profit commercial bank:
- LOWER loan interest rates
- NO loan application fee
- LOW 1 percent loan origination fee
- FLEXIBLE terms tailored to a business’ operations
Greater Alliance has the added advantage of being local to the area. With our 80 years of financing area businesses and three locations, our loan officers have in-depth knowledge of the economic climate in Northern New Jersey. We can recommend a financing package that is best suited to our market and to an individual business’ goals. And since our loan decision-making is in-house, we provide quick turnarounds.
We provide a range of business financing options to meet our business member needs:
For businesses investing in store or office upgrades, new equipment and tech upgrades and other assets.
- The Greater Alliance Way: Lower interest rates, no application fee, only 1 percent origination fee, flexible terms.
Business lines of credit
For businesses needing access to cash to purchase additional inventory, add personnel, support off-months during seasonal business cycles.
- The Greater Alliance Way: Flexible terms for both secured and unsecured lines of credit
Business vehicle loans
Whether a business needs to finance a single vehicle or a whole fleet of cars, trucks and vans.
- The Greater Alliance Way: Up to 60 months to repay with low-interest and flexible terms
- Free financial counseling from partner GreenPath™ Financial Wellness
Growth through real estate
A growing business needs access to larger sums of money to finance purchases of assets. One of the most important assets is commercial real estate. Our commercial real estate loans typically are used for expanding a current office, store or factory or for purchasing a new, better location.
Greater Alliance has a “deep bench” for commercial real estate, with seasoned pros who know the properties throughout Bergen and Passaic counties. Their expertise not only speeds the process but also increases the potential for finding the perfect match for a business’ specific needs.
Greater Alliance commercial real estate group provides commercial real estate loans for both purchase or refinance. Loan categories include mixed-use, owner-occupied, nonowner occupied and residential investment properties. As is true with other Greater Alliance loans, our real estate financing is less expensive than a for-profit bank.
Business financing options tailored to individual business
Greater Alliance dedicated loan representatives are readily available by phone, email or at any of our three convenient locations. These finance professionals will create a financing package that suits the individual needs of our business member, and process the loan application quickly, with no application fee required. And in keeping with our 80-year Greater Alliance tradition, they’ll provide service with a smile!