cuBIZloan, LLC is a collaboration of credit unions that are committed to the development of businesses in New Jersey and Pennsylvania.
cuBIZloan.com expects the US Government to aggressively use the Small Business Administration to funnel capital to businesses and facilitate recovery during this economic slowdown.
Our programs position credit unions to be in the forefront to help business owners find an avenue to capital.
Every credit union, regardless of their business lending expertise, should reach out to their business community and direct them to an SBA Disaster Recovery Loan. cuBIZloan’s Referral Credit Union program can facilitate loans through the SBA and USDA, without risk of loss to the referring credit union.
Let’s help local businesses, and in turn, your credit union.
SBA 7(a) Standard Loan – Up to $5 million for:
SBA 504 Loan – Must be used for fixed assets (and certain soft costs), including:
504 Loans are typically structured with SBA providing 40% of the total project costs, a participating lender covering up to 50% of the total project costs, and the borrower contributing 10% of the project costs. Under certain circumstances, a borrower may be required to contribute up to 20% of the total project costs.
SBA 7(a) Community Advantage Loan – Up to $250,000 for:
SBA Micro Loan – Up to $50,000 for:
For more information, please contact:
Murray Halperin, Managing Member