Business Lending Services

Closing Cost Assistance

Our business is to provide your business with the banking solutions that provide you with stability, growth, and peace of mind. That is why we are offering Closing Cost Assistance up to 1.25%* of the original principal loan amount for all new business loans with a signed commitment letter, through July 31st. Call 409-924-5079 or email BusinessServices@mofcu.org to get started today.

 

*Mobiloil Credit Union will abate origination fees and closing costs applicable to the loan of up to 1.25% of the Original Loan principal amount of a qualifying new loan with a signed commitment letter by July 31, 2021, at 5:00 p.m.  Borrower agrees to and shall repay the Lender all expenses and costs incurred by the Lender if the application is not funded for any reason or if at any time the Borrower is deemed in default under the loan documents or prepays the Loan in full before the expiration of the first (3) years of the term of the loan. Subject to credit approval, restrictions may apply. Federally insured by the NCUA, equal opportunity lender.  Additional terms and conditions apply, see Credit Union for details.

Get the capital your business needs to expand and grow.

Here's what we offer:

  • Local Decisioning
  • Commercial Real Estate Loans
  • Commercial Construction Loans
  • Equipment and Machinery Loans
  • Vehicle Loans
  • Lines of Credit
  • Business Credit Cards

Ready to get started? Download and complete the documents below and then schedule an appointment with one of our business lending team members by calling 409-924-5079 or email BusinessServices@mofcu.org

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Payment Protection Program Update

If your business has been harmed by the global Coronavirus pandemic, you can get financial assistance. We've partnered with Biz2Credit to offer support for businesses that need it. These loans are meant for businesses trying to maintain payroll levels. For those who qualify, first draw loans can range up to $10 million and second draw loans can range up to $2 million. Applications must be submitted by May 31st, 2021. Click apply now to visit our PPP application landing page.

Other Business Services

Business Savings

We have great savings options for you to choose from and offer some of the most competitive rates available.

Business Flex Money Market

We have great savings options for you to choose from and offer some of the most competitive rates available.

Business Plus Checking

Whether an established business owner or just starting, Business Plus gives you everything you need in a checking account.

Business Convenience Services

Our robust suite of business products and services provide the reassurance needed to successfully run your company.

Spend. Save. Thrive.

5.9% APR on all balance transfers for the life of the balance!

Announcements

  • COVID-19 Updates
  • Economic Stimulus Payment information
  • Annual Meeting
  • Escheatment Notice
  • ExxonMobil Lockout Relief Resources
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