Business Loans
Run your business more flexibly and affordably with an array of tailored financing solutions ranging from working capital lines of credit to commercial vehicle loans and credit cards.
Featured
Commercial Auto Loans
As low as
6.64%
APR*
- Purchase, refinance, lease buyout
- Quick application
- Fast approval
- Loans up to $100,000
Apply for a Business Loan at Direct Federal
Apply NowBusiness Loan Solutions
Whether you need an entire suite of business lending products, or just a single option, we’ll tailor the perfect solution to the unique needs and goals of your business.
- Range of loan products with exceptional rates.
- Flexible terms and repayment options.
- Expert guidance and personalized solutions.
Explore
Business Loan Products
Line of Credit
Working Capital Line of Credit
- Easily manage operational costs
To see the full table, scroll horizontally.
margin
APR1
As Low As Prime +
0.0774
0.1624
Maximum rate is 18%.
View Disclosures
The rate listed is the Annual Percentage Rate (APR) which is variable and is equal to the Wall Street Journal Prime Rate + 7.74%, 9.24%, or 9.50% based on your creditworthiness. Prime as of 07/28/2023 was 8.50%. Minimum payments of the greater of 1) 3% of the principal balance of your account on the statement date or 2) $25.00. Payments will be applied first to interest accrued at an interest rate of 16.24%, second to any late charges, and third to principal and other charges. The maximum line amount is $50,000. Personal guarantee by business owner greater than 20% is required. Subject to Underwriting. Rates are subject to change.
Vehicle
Commercial Auto Loans
- Purchase, refinance, lease buyout
- Quick application
- Fast approval
- Loans up to $100,000
To see the full table, scroll horizontally.
term (months)
Apr1 As low as
Cost / $1,000
up to 63
0.0634
18.7000
up to 66
0.0634
17.9900
up to 75
0.0699
16.5000
up to 84
0.0814
15.6600
To see the full set of data, scroll horizontally.
term (months)
Apr1 As low as
Cost / $1,000
up to 63
0.0649
18.7700
up to 66
0.0649
18.0600
up to 75
0.0699
16.5000
up to 81
0.0814
16.0900
To see the full set of data, scroll horizontally.
term (months)
Apr1 As low as
Cost / $1,000
up to 63
0.0649
18.7700
up to 66
0.0649
18.0600
up to 75
0.0709
16.5400
up to 78
0.0824
16.6000
View Disclosures
The APR is effective as of 04/19/2024 and subject to change. Maximum loan amount is
$100,000.00. Maximum indebtedness to one guarantor is $500,000. Personal guarantee by business owner is required. Maximum loan-to-value is 105% (full purchase price plus sales tax). Other terms and conditions may apply. Rates vary based on term, credit score and model year. Subject to credit approval.
Credit Card
Business Visa®
- Cover every day business expenses
- No Annual fees
To see the full table, scroll horizontally.
Purchase and Cash Advance Rates
APR1
As Low As Prime +
0.0774
0.1624
Maximum rate is 18%.
View Disclosures
Annual Percentage Rate (APR) based on your creditworthiness for purchases and cash advances. The APR is variable and will be adjusted on the first day of each billing cycle by adding 7.74%, 9.24% or 9.50% (the “margin”) to The Wall Street Journal Prime Rate as published on the last business day of the preceding calendar month (the "index"). Personal guarantee by business owner greater than 20% is required.
Apply for a Business Loan at Direct Federal
Apply NowInterested in a business loan?
Our relationship bankers are here to help you take the first step.
empowering your workplace
Direct@Work
Direct@Work is a business banking program designed to enhance the financial wellbeing of both employers and employees. Click below to explore the many benefits of enrolling your business.
Learn More about Direct@WorkGlossary
Not-for-Profit
Direct Federal is a not-for-profit, meaning that earnings are invested right back into the credit union. And that means Direct Federal can offer lower loan rates and higher deposit rates that you simply won't see anywhere else.
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Frequently Asked Questions
Use the search bar below to sort through our library of FAQs to learn more about a specific product, service, or process.
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Do you offer SBA loans?
Yes, we offer SBA loans!
How can I check the status of an application?
If you are an existing member, the easiest way to check the status of an application is through the Application Center within Digital Banking.
If you are not a member, please visit our Application Status Center.
How can I pay my bill?
We offer a variety of options to pay a Direct Federal Loan or Line of Credit.
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