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Grow With Business Loans and Lines of Credit

Our suite of small business loans and financing solutions can help your business reach new heights. From building a fleet and improving cash flow, to renovating office space and purchasing IT equipment, a Navy Federal business loan can provide the resources you need.

Business Lending Options

Commercial Real Estate LoansFootnote 1

Buying real estate, renovating property or refinancing existing real estate can be valuable investments for your small business—let us help you strengthen your portfolio with a Real Estate loan.

 

Whether you’re interested in commercial real estate,Footnote 2 residential rental properties, multi-family dwellings or property renovations,Footnote 2 Navy Federal commercial real estate loans provide:

  • fixed- and variable-rate options
  • standard 5-year term, 20-year amortization
  • no prepayment penalties

Learn More about Commercial Real Estate Loans

Business Lines of Credit

Looking to manage cash flow, payroll or working capital? A business line of credit may be right for you. For shorter-term cash needs like overdraft protection, building inventory or offsetting unexpected expenses, our checking line of credit connects you with the loan amount you need to cover gaps and reconcile accounts.Footnote 3

  • Secured business line amounts starting at $10,000
  • Overdraft protection of a business checking account
  • APR: 17.90% for checking line of credit

Learn More about Navy Federal's business lines of credit.

Vehicle and Secured Term Loans

Whether you need a car for business meetings, a truck for hauling or a commercial oven for baking, our Secured Term loan programs offer you the opportunity to grow your small business with the equipment you need.

  • No fees on BusinessFootnote 4 and Commercial Vehicle loansFootnote 5
  • No prepayment penalties
  • Secured Term loans available for purchases and refinancing

Learn More about Navy Federal's business term and vehicle loans.

Why Choose Navy Federal for Your Business Loan?

Your Navy Federal business loan and membership come with an exclusive combination of benefits you won’t find anywhere else:

  • Access to small business professionals
  • Focus on Veteran-owned businesses
  • Backing of Navy Federal Credit Union
  • Convenient 24/7 account servicing

With a longstanding reputation for supporting small businesses, Navy Federal delivers competitive rates and tailored financial solutions. Members enjoy exclusive benefits and access to dedicated professionals that provide personalized service at every step.

Ready to Apply for a Business Loan?

A business membership with Navy Federal is your first step to qualify for business loans and is available exclusively for Navy Federal Credit Union members. As a business member, you have access to small business professionals, competitive business credit offerings, award-winning checking accounts and more.

Become a Business Member

Have questions about how to get started? Contact us!

Business Resources and Member Support

Yes, a business must be a business member prior to applying for a loan. For the business to be eligible for a business membership, all business owners must be current Navy Federal members in good standing.

Yes, we consider the individual owners' and/or guarantors’ personal credit scores from Experian®.

No, Navy Federal doesn't offer preapprovals for any business loans or business lines of credit. All requests go through our business underwriting verification and approval process, which, if approved, determines the credit amount, interest rate and loan term.

Once you've submitted all the required information, it can take up to 5 business days for us to review and approve or decline most lending requests.

Disclosures

1

Fees may include: appraisal, environmental study, origination fee, document preparation, title, pest inspection, attorney fees, other applicable fees.

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2

Commercial property loans require occupation of the financed property by the borrower for a business purpose. Investment property loans require third-party, as opposed to owner, occupation of the financed property. Loan to value: up to 80% for owner-occupied purchase or refinance; up to 75% for investment; up to 65% for renovation to the property.

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3

A business line of credit (BLOC) is a credit product, and rates are based on creditworthiness and will vary with the market based on The Wall Street Journal Prime Rate. A business checking line of credit (CLOC) is a credit product with a fixed rate of 17.9% APR. CLOC repayment terms are 2% of the outstanding balance or $20, whichever is greater, and the total outstanding balance will be due when it is less than $20.

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4

Business vehicle loans are financed up to 100% for new vehicles and 90% for used vehicles. Amount approved based on NADA value or purchase invoice amount, whichever is lower. Eligible collateral for a business vehicle includes vehicles manufactured for personal or household purposes and are not deemed to be a "fleet" or fare-paying passenger use (i.e., car, light-duty pickup truck [one-quarter ton maximum limit], or SUV). Please contact a business lending officer for details.

 

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5

Commercial vehicle loans are financed up to 80% for new vehicles and 75% for used vehicles. Amount approved based on NADA value or purchase Invoice amount, whichever is lower. Eligible collateral for a commercial vehicle includes a commercial, heavy-duty or "special use" truck or vehicle. Please contact a business lending officer for details.

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