Charter Oak Federal Credit Union is now an approved U.S. Small Business Administration lender, offering SBA 7a, 504 and Express loans to qualified business owners in New London and Windham Counties, Connecticut.
Designed to encourage the growth and development of small businesses, the government-backed loans feature longer term financing and lower down payment requirements which are attractive features to business owners just starting out or preparing to expand.
Local business owners are encouraged to take advantage of Charter Oak’s SBA loan offerings in order to finance new businesses, expand or modernize facilities, acquire commercial real estate, purchase business equipment, consolidate debt, increase working capital and more. For additional information about SBA loans through Charter Oak Federal Credit Union, please contact Jane Moriarty, Vice President of Business Lending at 860-446-3381.