Business Line of Credit

Cover your business costs when you need to

Borrow what you need, when you need it. You have access to funds whenever opportunities or unexpected expenses arise. 

Flexible business funds from this line of credit

Open a line up to $49,999 and pay no loan fees*

Borrow funds at a variable rate from 12 to 60 months

Monthly interest-only payments

Secured and unsecured lines of credit put you in control 

For repairs, purchases or filling in periods of slow cash flow, a line of credit from Monterra Credit Union helps you address your business’ financial needs at a moment’s notice with affordable financing options. Choose an unsecured line of credit (no collateral needed) or a secured line of credit (more funding available, backed by business assets).**

*Credit lines of $50,000 and over have a documentation fee from $250 and loan fee of 0.25% to 1%.
**Additional third-party expenses may apply for secured loans (i.e., appraisal, inspection, reports, etc.)

Ready to grow your business faster?
Build a secure financial foundation with an interest-earning savings account.

Basic Business Checking Account

Seeking a business checking account? Receive everything you need to manage your commercial funds.