Business Loans

Business Loans

Is your goal to start your own business or expand an existing one? Prairie Centre Credit Union can help with your goals!

We offer a wide range of commercial loan products to help make your business a success.

  • Term Loans
  • Mortgage Loans
  • Revolving Line of Credit
  • Business Improvement Loans
  • Quick Loans
  • No prepayment penalty


What You Need to Do:

Prepare a business plan and explain:

  • Your company
  • Your product/service or technology
  • Your market, marketing plan and sales objectives
  • Analyze your competitors, environment, and business risk
  • Organizational structure, key positions, owners and personal resumes


Complete prospective financial information:

  • 3 years of historical financial statements (minimum) for existing business
  • Projected income statements, balance sheets, and cash flow statements
  • Explanation of assumptions
  • Financing Proposal – purpose of financing
  • Personal cash involvement, and operating vs long term debt structure
  • Personal net worth of principal owners
  • Appraisal may be required on property and equipment


Reference your professional contacts:

  • Accountant and Lawyer