Connect with a Commercial Lender
Our team of SBA specialists and commercial real estate lenders are here to help you navigate the twists and turns of SBA lending.
Lending for Your Business Needs
Realize your business dreams without the nightmare of an overly complex lending process.
Small Business Administration (SBA) Loans1
As an SBA-preferred lender, Kinecta is proud to offer SBA loans for a variety of uses, including the option to open a line of credit for shorter-term debt.
- Up to 90% financing available
- Loan amounts from $50,000 to $500,000
- Backed by the US Small Business Administration
- Minimium of 2 years of business required
Common uses of an SBA Loan:
- Finance inventory
- Refinance existing debt
- Long-term working capital
- Furniture and fixtures
- Machinery and equipment
- Acquisition of owner-occupied commercial real estate
- Acquire businesses
Commercial Real Estate Loans (CRE)2
Kinecta has been a commercial real estate lender for more than 80 years — you can count on our streamlined process and knowledgeable team to make it easy to take your business to the next level.
- Multi-family, over 4 units
- Manufactured housing communities
- Office and retail
- Light industrial and self-storage
Terms
- $1 million - $5 million
- Terms up to 15 years (3 year minimum)
- Amortization up to 30 years
- LTV up to 75%
- No prepayment penalties
- Full recourse
- First Deed of Trust as collateral
Requirements
- Transaction costs include underwriting fees, third party reports, document and processing expenses
- DSCR: 1.20x for multi-family and manufactured housing communities and 1.25x for all other property types
- Tax and insurance impound and/or TI/LC reserves may be required
Letter of Interest
To receive a letter of interest, please submit:
- Photos of property (front, rear, sides, street views)
- Current rent roll
- Last two years and YTD operating statements
- Schedule of Real Estate (if available)
- Borrower’s resume, net worth and liquidity
- Borrower’s current debt
Please submit all documents to creloans@kinecta.org or call 888.371.7501, option 1.
One Stop for Personal & Business Banking
Make your life easier with only one online banking login, one mobile app and one go-to branch for all your personal and business banking needs.
- Checking, savings, money markets and certificates
- Personal credit cards with cash-back rewards or low fees
- Personal loans and lines of credit
- Home mortgages3
- Auto loans
- Personal and business insurance4
*APR = Annual Percentage Rate is variable and subject to change. This is Kinecta’s most recent published rate.
Membership requirements apply. Refer to the Agreements & Disclosure booklet for terms and conditions applicable to specific accounts.
1Small Business Administration loan program. Subject to borrower's credit qualifications and requirements of Kinecta and/or the Small Business Administration loan program. Minimum of 2 years of business required. Terms & conditions subject to change. Kinecta Federal Credit Union is an equal opportunity lender.
2Commercial Lending. Subject to borrower’s credit qualifications and requirements of Kinecta loan program. Terms & conditions subject to change. Kinecta Federal Credit Union is an equal opportunity lender. Commercial real estate loans are only available in states with a physical Kinecta branch location.
3Mortgage loans. Offered under Nationwide Multistate Licensing System (NMLS) #407870. Equal Housing Lender.
4Insurance products are offered through Kinecta Financial & Insurance Services, LLC., subsidiary of Kinecta Federal Credit Union. California Insurance License #0E24631. Insurance products: 1) are not NCUSIF insured; 2) are not obligations of or guaranteed by the Credit Union or any affiliated entities; 3) involve investment risk, including possible loss of value. Insurance products not available in all states.