Business Loans

Commercial Real Estate Loans

Mortgages for member owned commercial real estate properties either owner occupied or for investment purposes. Office, flex, multi-family, retail and other income producing property. Flexible terms and competitive rates designed specifically for your needs.

  • No application fees.
  • Loans up to $1,000,000.
  • 1% Origination Fee, borrower must pay all third party costs including appraisal, title, recording charges and document prep.
  • Low Fixed or Variable Rates (see rate sheet for current start rates)
  • Max 25 year amortization. Max fixed rate period is 15 years. Floating rate is Prime + margin.
  • Max LTV 80% (70% refi cash out).
  • Senior liens only.
  • PA, NJ, DE, MD only

To learn more about Business Loans contact:


Jim Pace | Business Development Officer | 610-595-2929 x 310 | [email protected]
Ron Vitola | Business Relationship Manager | (610) 595-2929 x 318 | [email protected]

 

 

 


Commercial Term Loans and Lines of Credit

Term loans are lump-sum disbursements that are paid back over a specified period of time.  Term loans may be used to finance equipment, machinery, business use vehicles or other special projects that require capital commitments.  Or have the flexibility of an available line of credit whenever you need it to help manage your cash flow.

Business Lines of Credit

  • Revolving Lines of Credit
    • Secured up to $500,000
    • Unsecured up $50,000
    • Low variable rates

    Business Term Loans

    • Unsecured loans up to $50,000
    • Secured up to $500,000
    • Up to 10 year terms (7 years for vehicles)
    • Low fixed rates

     


Residential Investment Property Loans

Mortgages for non-owner occupied, residential real estate properties (1 to 4 family) held by the member for purposes of investment and rental income. (Excludes apartment complexes and multi-family properties consisting of 5 or more units. Such properties will be considered Commercial Real Estate.)

Residential Investment Property Loans

  • No application fees.
  • 1% Origination Fee, borrower must pay all third party costs including appraisal, title, recording charges and document prep.
  • Low Fixed or Variable Rates (see rate sheet for current start rates)
  • Max 30 year amortization. Max fixed rate period is 15 years. Floating rate is Prime + margin.
  • Max LTV 80% (70% refi cash out). Renovation projects – max 75% initial advance against as-is value, hold back for renovation expenses, disbursed in progress payments subject to max “as complete” LTV of 80%.
  • Senior liens only.
  • PA, NJ, DE, MD only

 


Apply for your BHCU Business Credit Card today

Business Credit Cards

  • A low interest rate of 11.25% APR* for purchases (Prime rate plus 3.00%)
  • Credit limits from $500 to $50,000
  • No annual fee
  • No transaction fee for purchases
  • No minimum finance charge

    *To report a lost or stolen Visa, call 1-855-805-6228
    * For Customer Service, or to Make a Payment, call 1-855-805-6228
    NMLS #729629

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