Two Leading Credit Unions Join Forces to Offer Affordable Small Business Loans in Central NY

Small businesses face multiple challenges.

Small business in Central NY face challenges that only local institutions understand. That is why Two leading local credit unions have joined forces to offer small-business-loans-tompkins-countyaffordable small business loans in Central NY with the creation of

Community Development Credit Unions

Cooperative Federal is a community development credit union and a member of the These credit unions work to help small businesses with financial products, education and counseling to ensure that local organizations not only survive but thrive.

Offering Expert Advice

The credit union partners of have the experience to help you answer important questions about small business financing and lines of credit for Finger Lakes area business owners. They are there to help you understand:

  • Personal credit and business financing
  • The business loan process
  • Small Business Administration (SBA) Guaranteed Loan
  • Women and Minority Subsidized Loans
  • Step Up Loans Alternative Solutions Small businesses often don't know that there are alternative solutions available to solve their financial problems. offers traditional and non-traditional loans. Alternative solutions help businesses receive the funding they need when traditional loans aren't available for some companies. Alternative loan solutions include:

  • Signature Line of Credit
  • Share Secured Loans
  • Business Equipment Loan
  • Working Capital Loan Loan Specialists has loan specialists available to help local small business owners determine the type of financing that will suit their needs. The loan specialists are not only experts in financing but also in the local financial and educational resources available to small businesses in Central NY. Receiving expert, local advice helps business owners understand all options available to them to make their organization grow.

Investing in the local community is an important part of business development. This is why the four credit unions that formed are community development credit unions. They want to invest in local businesses and create a vibrant community. If you are a Central NY small business owner in need of financing, contact a loan specialist or submit a loan application today.



Published November 08, 2016 by Carol Chernikoff in Finance

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