Business Loans, Lines of Credit, Credit Cards & Real Estate
When it comes to managing your business, you need a financial partner who will sit down and discuss solutions to help your business thrive. AmeriCU’s Commercial Loan Officers will help guide your business’s credit strategy. Whether you are consolidating high interest loans, expanding inventory, purchasing a delivery vehicle, protecting your checking account, refinancing property, purchasing an apartment complex, or expanding or relocating your business, AmeriCU is here to help.
AmeriCU’s Commercial Lenders will help guide you through the mortgage or lending process. And, our community focus and local decision making is complemented by competitive rates, flexible terms, exceptional service, and quick approvals.
Commercial Vehicle Loan
- Loan amounts as high as $100,000
- Loan to value up to 100%
- Terms up to 7 years
- Financing for cars, pickups, vans, and SUVs (no fleet vehicles)
Contact a member of our team below for current rates and more information.
Unsecured Term Loan
- Loan amounts as high as $500,000
- Start-up Businesses may qualify for up to $50,000
- Terms up to 10 years
Contact a member of our team below for current rates and more information.
Overdraft Line of Credit
- Credit lines as high as $10,000
- Simply link to your business checking account
- Automatic advances to cover overdrafts
Contact a member of our team below for current rates and more information.
Commercial Working Capital Lines of Credit
- Great for short-term working capital needs
- Credit lines as high as $2 million
- Interest-only payments
Contact a member of our team below for current rates and more information.
Real Estate Mortgage
- Owner and Non-Owner Occupied
- Amortizations up to 25 years
- Fixed and Adjustable Rates Available
- Participation Loan Opportunities
Contact a member of our team below for current rates and more information.
Construction and Development Real Estate
- One loan closing
- Draw periods up to 24 months
- Permanent Loan Amortizations up to 25 years
- Loan-to-Value as high as 80%
- Participation Loan Opportunities
Contact a member of our team below for current rates and more information.
Term Loans
- Great for equipment purchases
- Loan amounts as high as $5 million
- Amortizations up to 15 years
Contact a member of our team below for current rates and more information.
VISA® Business Credit Cards
- Credit lines as high as $25,000
- Competitive rates
- Business Rewards
- No annual fee
- Employee cards with your full control and visibility
Contact a member of our team below for current rates and more information.
Commercial Lending Team
Mike Cook
Small Business Relationship Manager | With Offices Located in Herkimer, Commercial Drive, North Utica, Rome, and Griffiss Park
Christiana Carruthers
Small Business Relationship Manager | With Offices Located in Cortland, Auburn, Onondaga Hill, Liverpool, Camillus, and Fulton
Todd Stiles
Small Business Relationship Manager | With Offices Located in Fayetteville, Thompson Rd, Cicero, Armory Square, Cazenovia, and Oneida
315.356.3000 ext. 6249
Excelsior Linked Deposit Program
AmeriCU participates in the Excelsior Linked Deposit Program (LDP) offered by Empire State Development. The LDP is an economic development initiative created to encourage and assist small businesses within New York. This reduced-rate financing program allows qualifying business to make investments to undertake eligible projects that will contribute to improving their productivity, performance, and competitiveness. The LDP helps strengthen small businesses by making borrowing less expensive.
Interested in LDP? Stop into one of AmeriCU’s Financial Centers to start the application process or contact us to learn more.
AmeriCONNECT Visa® Business Rewards Credit Card
Featuring great, low rates, contactless payment, and zero liability from fraud, making them the perfect card for your everyday business needs!
Business Credit CardYou may also be interested in
Business Deposits
Managing customers, cash flow and expenses can demand a lot of your time. That’s why AmeriCU has designed deposit account solutions with your business in mind.
Cash Management Services
Enjoy a seamless and personalized experience that meets the demands of your business with our online and mobile services including ACH, Automatic Bill Pay, Remote Deposit, and more.
Commercial Insurance
Your business is big business to us! We’re here to protect your business, work directly with you and for you, and help evaluate the risk exposures specific to your commercial investment.
Questions? Click the ‘Let’s Connect’ button in the bottom right-hand corner to get started!
Latest From AmeriCU
News
Beyond Banking: Exclusive Perks for Business Partner Employees
AmeriCU’s Business Partnership Program goes beyond traditional business banking by offering employees exclusive financial benefits, wellness resources, and one-on-one support. Help your team build a stronger financial future at no cost to your business.
Events
Gouverneur Breast and Ovarian Cancer Fund Walk
The Gouverneur Breast and Ovarian Cancer Fund Walk is a meaningful, community-driven event held at Gouverneur Village Park, bringing residents together for a one-mile, non-competitive walk in support of those affected by cancer. The morning includes registration, a heartfelt ceremony, and the walk itself, creating a supportive and uplifting environment focused on awareness and hope.
Education
Home Equity Loans and Home Equity Lines of Credit
Learn how homeowners can use their home equity through a Home Equity Loan or Home Equity Line of Credit (HELOC). This course explains the differences, requirements, benefits, and risks of each option to help you make informed borrowing decisions.