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Business Loans

McCoy is here for you with tailored financing to meet your business needs!

You may need a Business Loan at any stage in your journey and for a variety of reasons. A wide range of loans and lines of credit are available to you – all with low fees, great rates, flexible terms, and no pre-payment penalties. Get your complete business loan checklist.


Term Loans

Our term loans help fund various expenses, for example: working capital, operating expenses, and inventory. 

The benefits of a term loan can give you access to help you expand your business, set payment structure, and cash flow flexibility.


Commercial R/E Loans

If you’re looking to refinance or give a facelift to an existing property, or if you prefer to acquire a new building for your business, this is the loan for you. It is secured by liens placed on properties.

We can lend up to 75% non-owner occupied or 80% owner occupied of the property’s value.


Equipment & Machinery

When it’s time to purchase machinery and equipment that is essential for your business – for example, office furniture, medical equipment, farm machinery, or commercial ovens – we can help you secure this type of loan.

We can lend up to 80% of the equipment’s value.


Lines of Credit

Establishing a line of credit gives you access to funds as needed and to use as you wish for your business.

Our line of credit gives you a defined amount of money that you can access as necessary for your business needs. Then, you can repay what you used during or after your set draw period.


Commercial Vehicle Loans

Whether you run a transportation company, are an owner-operator truck driver, or simply run a business that uses commercial vehicles, McCoy offers great financing to purchase a vehicle for use.

We can lend up to 80% of the vehicle's value for trucks, vans, buses, or trailers.


Land & Construction Loans

A land loan is a way to purchase or refinance vacant land. It can later transition to a construction loan that covers the costs of custom building.

We can lend up to 70% for land use, 75% for construction only, and 75% of the land or property value for both loans together.



SBA Loans

We partner with the U.S. Small Business Administration to offer the funding needed for entrepreneurs to start and grow small businesses in our area.

Learn more about these SBA loan types below or contact one of our business specialists to help you get the most you can qualify for to grow your business.


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Our Promise to You

Vision Statement
Provide financial services beyond your expectations.

Mission Statement
Provide a wide range of affordable financial products with exceptional member service.