Business Term Loan | Interest Rates | South Carolina Federal

Drive your business to the next level with loans for vehicles and equipment.

No complications

We offer easy-to-get, simple-to-understand term loans for a variety of business purposes.

Attractive rates

Reduced interest payments leave you with more funds for other initiatives.

Easy payment process

Schedule automatic monthly payments using Online Banking.

Customized terms

Our loans can be tailored to work with your cash flow, budget, and additional financial factors.

Make the upgrades that keep you ahead of the curve.

Modernize your equipment. Expand your vehicle fleet. Get capital for mission-critical projects. South Carolina Federal Credit Union term loans allow businesses to make timely investments necessary to grow and compete. Our experienced lenders will listen to your plans and customize terms to fit your specific needs.

Vehicle Loans

Flexible terms.
Competitive interest rates.

Equipment Loans

Length of term depends on life of asset.
Up to 75% financing.
Competitive interest rates.

What documents do I need to provide?

Please click here to view the documents you will need to open a business account.

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Ask about a Business Term Loan.

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Frequently asked questions

What documents are required to open a business membership account?

Please click here to view the documents you will need to open a business account.

When is my loan payment due?

Loan payment due dates are generally 30-45 days from the loan closing date. The payment due date is notated in your loan documents and agreed upon before disbursement of your loan. Due dates and loan payment amounts can also be viewed through Online Banking, Mobile Banking⁵All of our Digital Banking products require an Online Banking login, and in some cases, enrollment into Bill Pay. Terms and conditions are available through Online Banking and must be agreed to before use. Mobile Banking products also require a data plan with a wireless provider. South Carolina Federal Credit Union provides Mobile Banking as a free service. Consult your provider for any fees associated with your mobile web service, such as message and data rates. or statements.

How do I make a payment online?

Click here to learn more about how to make a payment online.

Do you offer business insurance?

Click here to learn more about business insurance available through our wholly-owned subsidiary, South Carolina Federal Insurance Solutions.

Get the credit card that gets down to business.

A rewards credit card with combined purchasing power and cost control.

Business Credit Cards