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Business Loans

Serving small and micro businesses is a huge part of Cooperative Federal's mission. By providing loans to owners of emerging and expanding enterprises, we work to build a fair, independent, LOCAL economy. We also work on your personal finances to improve your success at business borrowing.

Contact Us Now

Ready to get started? Complete our brief intake form to help us assess where you are in the business development process, and the best way for you to proceed with getting a business loan. If you are ready to work with Cooperative Federal, a staff member will contact you promptly (within 1 business day, M-F).

Access our Business Loan Application

We provide loans for:

  • Start Up and Expansion
  • Working Capital
  • Business Vehicle & Equipment
  • Construction & Development
  • Cooperatives & Non-profits
  • Investment & Commercial Mortgages
  • Residential Mortgages for Business Purpose

We also have business lines of credit, and personal VISA Classic Credit Cards which can be issued in your business's name.

Special Loan Programs

Cooperative Federal is committed to building economic justice. To overcome historic patterns of discrimination in access to business capital by the banking establishment, we offer special loan terms for:

Support for Special Loans provided by
  • Businesses owned by Women
  • 'Minority'-Owned Businesses
  • Working Capital Loans for Contractors
  • Cooperatives and Nonprofits

Step Up Loan Fund

Not quite ready for a traditional business loan? No problem. Our Step Up Loan Fund provides small loans, up to $2,500, that are processed just like personal loans. Loan proceeds can be used for expenses associated with starting or expanding a self-employment or micro-business venture, such as training and certification, insurance, tools, equipment, promotion, and working capital. Plus, all Step Up applicants receive free financial advising and waivers on your new account and new loan fees.

Call (315) 476-1451 for details.

To Apply for a Business Loan

Whether you're just starting out or expanding your small business, we are available to help you through the process of applying for a business loan. We'll sit down with you and review your completed application and business plan to confirm that your documents are in order and ready to submit.

Access our Business Loan Application

To speak with a business loan officer, call 473-0249.

Cooperative Federal accounts are federally insured by NCUA Cooperative Federal is an Equal Housing Lender
Cooperative Federal is an equal housing lender
Cooperative Federal accounts are federally insured by NCUA