Equipment Loans

Making important purchases or acquiring strategic assets for your business is easy and affordable with an equipment loan from USU Credit Union.

We offer competitive rates, low fees, and quick turnaround times.

Equipment loans can finance a couple hundred dollars or tens of thousands of dollars. Equipment loans are similar to a car loan. Lenders approve a certain amount for a very specific purchase, which can be 100% of the equipment cost. Then, the equipment purchased becomes collateral for the loan. By securing the loan in this way, lenders can offer lower rates.

Commercial Lending Consultation

We are proud to help local businesses with their business needs. We strive to make the process as simple and fast as possible while providing great rates. We will help you determine your optimum financing needs and options.

To help expedite the process, please prepare the following documents:

  • Current business profit and loss statement and a balance sheet.
  • Last two years tax returns, business and personal, on any individual with 20% or more ownership.
  • Personal financial statement on any individual with 20% or more ownership.
  • Two years projections on any business less than two years old.
  • Debt schedule listing all business and personal debts including balances and payments.
  • Articles of incorporation and corporate bylaws for corporations.
  • Articles of organization and operating agreement for LLCs.

Speak with a USU Credit Union Business Specialist

Have a USU Credit Union Business Specialist contact you:

Thank you! We have received your information. Someone will contact you soon.

Call us at:

1-800-248-6361

Visit with us in person:

Find a local USU Credit Union branch

Speak with one of our business loan experts. We’ll help you determine your optimum financing needs and options. Visit any USU Credit Union branch or call 800-248-6361.

To help expedite the business loan process, please prepare the following documents:

  • Current business profit & loss statement and balance sheet.
  • Last two years tax returns, business and personal, on any individual with 20 percent or more ownership.
  • Personal financial statement on any individual with 20 percent or more ownership.
  • Two years projections on any business less than two years old.
  • Debt schedule listing all business and personal debts including balances and payments.
  • Articles of incorporation and corporate bylaws for corporations.
  • Articles of organization and operating agreement for LLCs.