GLCU offers financing options to help you manage your small business needs. 

  • Business must be established for a minimum of one year
  • Business and borrower/guarantor must be located in Illinois or Wisconsin

Unsecured Loans

We understand running a business has many costs. At GLCU, we offer financing options to help you manage unexpected expenses or grow your business! 

For more information speak with a loan representative or apply today!

Microlending Requirements

Sole Proprietor or DBAGeneral or Informational Partnership Limited or Limited Liability PartnershipLimited Liability CompanyCorporation
If SSN - Apply for Consumer Personal LoanIRS Letter Confirming EINIRS Letter Confirming EINIRS Letter Confirming EINIRS Letter Confirming EIN
If EIN - IRS Letter Confirming EINPartnership AgreementCertificate of Limited Partnership Articles of OrganizationArticles of Incorporation
Business License if ApplicableCertificate of Good StandingCertificate of Good StandingOperating AgreementBylaws
Certificate of Good StandingCertificate of Good StandingCertificate of Good Standing

View Current Rates

Small Business Unsecured Loan Rates

Effective Date: Sunday, July 14, 2024

Small Business Unsecured Loan Rates

Loan TypeLoan AmountFeeTerm in MonthsAPR* As Low As
Small Business Unsecured Loan$500 - $10,000$0.00Up to 48 months13.99%
$500 - $10,000$0.0049-6014.99%

*APR= Annual Percentage Rate.  Rate is based on credit history, income and other factors.

Auto Loans

GLCU is now offering small business auto loans for both used and new vehicles!  Talk to one of our loan representatives today and get pre-approved for a loan ahead of time.  A pre-approval will give you confidence and bargaining power at the dealer, plus you will know where you stand with budget and payments before you make your final decision.

A loan representative can also help you refinance your existing small business auto loan. For more information speak with a loan representative or apply today at glcu.org/Apply!

Features

  • Low loan rates
  • Vehicle is titled in the business name
  • Get up to 0.25% APR* discount on your vehicle loan! Learn more.

View Current Rates

Small Business Vehicle Loan Rates

Effective Date: Sunday, July 14, 2024

Small Business Vehicle Loan Rates

Vehicle TypeTerm in MonthsAPR* as low as
New (2023-Newer Models)63 or Less

8.24%

64-758.49%
76-848.99%
Used (2014-2022)63 or Less8.74%
64-758.99%
76-849.49%

*APR=Annual Percentage Rate. Actual rate based on credit history, income, vehicle model year, mileage and other factors. Rates include discount of 0.25% APR* when you set up an automatic payment to pay your loan each month. Payment example: 63 month new auto loan of $20,000 with an APR of 8.24% will result in a monthly payment of $392.20.

Available in IL and WI only.

These rates are subject to change at any time.


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*APR=Annual Percentage Rate. Actual rate based on credit history, income, vehicle model year, mileage and other factors. Rates include discount of 0.25% APR* when you set up an automatic payment to pay your loan each month.

Available in IL and WI only.

These rates are subject to change at any time.