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Business Services

Loans are subject to credit approval. Business owners must be members or eligible for membership at TFCU and must provide personal guarantees for loan request.

For more information, call: (631) 698-7000, ext. 3016

* Minimum 1 year business required.
** Minimum one year requirement does not apply on SBA loans

Effective: 12/16/2008
Current Prime Rate = 3.25%

Rates subject to change.

Business Loans

to help your business grow.
Application  |  Rates
    Line of credit *
  • Maximum loan: $250,000
  • Variable Interest Rate: Prime Rate + 3%, adjusted quarterly
  • $500 packaging fee for lines of credit in excess of $50,000
  • 1 point for lines of credit in excess of $150,000
    Closed-end Loan *
  • Maximum loan: $500,000
  • Variable Interest Rate: Prime Rate + 2 ¾%, adjusted quarterly
  • $500 packaging fee for loans in excess of $50,000
  • 1 point for loans in excess of $150,000
    Commercial Mortgages
  • Maximum loan: $3,000,000
  • Rate:
      5 Year Balloon (Amortization up to 25 years)
    1. 5 Year Treasury Note (rounded up to the nearest 1/8th) + 1.75% (LTV between 50% - 75%)
    2. 5 Year Treasury Note (rounded up to the nearest 1/8th) + 1.50% (LTV less than 50%)
      10 Year Balloon (Amortization up to 25 years)
    1. 10 Year Treasury Note (rounded up to the nearest 1/8th) + 1.75% (LTV between 50% - 75%)
    2. 10 Year Treasury Note (rounded up to the nearest 1/8th) + 1.50% (LTV less than 50%)