Get timely funding for everything from investment property to vehicles.

Bring your business lending needs to Piedmont Advantage. We are experts in providing affordable loans to businesses of all types, though we focus on small to moderate-size companies. Our Lending Team will listen to your needs to customize financing that will help you meet your business goals.

  • Commercial real estate
  • Investment property
  • Equipment
  • Vehicles for business use
  • Inventory
  • Letters of credit
  • SBA loans for small businesses

Application Information

You will need to complete a loan application packet. Key information for the application includes: (Note, some items may not be relevant to you if your business is a start-up.)

  • Description of the project
  • Tax returns (business & personal) for the last three years
  • Year-to-date profit and loss statement and balance sheet
  • Projected income and expenses including cash flow for year one
  • Description of collateral used to secure the loan
  • Key management resumes
  • Business plan

Criteria Considered

  • Industry experience
  • Management experience
  • Creditworthiness
  • Capital invested
  • Adequate cash flow
  • Collateral to secure the loan
  • Personal debt-to-income ratio

 

Let's Work Together

For more information about business loans, contact Jerry Brett at 336-744-8455 or jbrett@pacu.com.

Improve Your Finances

Sign up for a seminar or access webinars to gain more financial knowledge.

Piedmont Advantage Credit Union in North Carolina offers valuable banking solutions including checking accountssavings accountsmortgagesauto loansCDsIRAs and more. Bank online, with our mobile app, or visit one of our conveniently located branches in Winston-SalemEdenMooresvilleCharlotteGreensboroWilmington and Kenansville, NC.

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