Are you looking to cover costs without eating into your profits? Our Share Secured Loans allow you to use your company’s savings at Verity as collateral for a loan so you can keep cash flow positive with our lowest interest rate available. We’ll then release your savings as you pay back the balance so you can retain your savings at the end of the loan term.
Features of Business Share Secured Loans at Verity:
- Our lowest business loan interest rates
- Finance short-term needs for up to 90 days
- Secured by savings already at Verity
- Savings released as you pay off your loan balance
- Quick, local loan decisions
- Trusted, professional service
Ready to apply?
Local decisions
When you get a business loan with Verity, you work with our dedicated Business Services team in Seattle.
That means you get personalized service from people who know and understand what businesses face in the Puget Sound region.
Work with a partner who understands and cares
When it’s time to borrow money to grow or manage your business, it’s critical that you choose a banking partner that shares your values, understands your business and what’s important to you, and is willing to work with you through all the unique cycles of your industry.
Verity believes in banking for good, and we know that small businesses are vital to a strong and vibrant community. Our members’ deposits are used to reinvest in the community through loans to members and businesses. You won’t find us lending for things like oil fracking or private prisons. Verity’s values are held firmly in mind as we support small and mid-sized businesses that contribute to the local economy and help to build strong communities.
As a socially-responsible financial institution, Verity takes care to ensure that a growing percentage of our loans are dedicated to the areas of social empowerment, environmental sustainability and economic resiliency. Learn about our impact lending efforts.
Loans available to Verity Credit Union members only. If not existing member at time applying for loan, applicant will be required to establish business membership account as part of loan funding. $5 membership fee is required to join Verity. Loan rates will be determined in accordance with Verity’s loan policy and your credit profile and and may include your creditworthiness, repayment schedule, repayment method, and loan-to-value ratio.
Your partner in business.
Contact Business Services