Small Business Financing

Local banking for your local business.

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Let us help you meet the needs of your local business. Whether you’re starting out, building up or moving on, an OnPoint Small Business Loan makes getting the financing your small business needs quick and convenient.

We provide local decisions and servicing.

We keep our loans in-house. That means we’ll always be working together. It also means that you’ll always know who to call when you have a question or need to bounce around a big–or not so big–idea. It’s just one of the many ways we provide better, more personalized service to our members.

When it comes to financing your goals, we work hard to understand your complete business outlook. We’ll discuss what’s motivating your need or what, if any, long-term effects should be on your radar. Throughout the process, we’ll work with you to find the perfect financing to fit your needs with flexible rate and term options.

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Compare Small Business Financing

Best for:

Best for:
Flexible Terms

Flexible Terms
Fixed-Rate

Fixed-Rate
Variable-Rate

Variable-Rate
Annual Percentage Rate

Annual Percentage Rate
Estimated Minimum Monthly Payment

Estimated Minimum Monthly Payment

Small Business Term Loans

Best for:

Expanding your business, purchasing new or used equipment or other long-term financing needs.
Flexible Terms

Up to 60 months
Fixed-Rate
Variable-Rate
Annual Percentage Rate

10.00% - 16.00% Fixed Rate¹
Estimated Minimum Monthly Payment

$460.05 based on a 5-year, $20,000 loan at 13.50% APR

Small Business Lines of Credit

Best for:

Giving your business the resources it needs with financing you can use when you need it.
Flexible Terms
Fixed-Rate
Variable-Rate
Annual Percentage Rate

9.25% - 11.25% Variable Rate²
Estimated Minimum Monthly Payment

2% of outstanding balance or $25, whichever is greater

Business Auto Loans

Best for:

Keeping your business moving with affordable options for purchasing new, used or refinanced vehicles.
Flexible Terms

Up to 84 months
Fixed-Rate
Variable-Rate
Annual Percentage Rate

See below.
Estimated Minimum Monthly Payment

See below.

Additional Rate Info

Small Business Lines of Credit and Term Loans

Small Business Lines of Credit and Term Loans
	Available Terms	Annual Percentage Rate	Estimated Minimum Monthly Payment
Rates Effective: 09-21-2019 Learn more about Small Business Lines of Credit and Term Loans All loan and line of credit rates are determined by credit union management and are subject to change at any time. Rates assume a 0.50% discount for automatic payment from a qualifying OnPoint account. All services offered by the credit union shall be subject to applicable laws of the State of Oregon, federal laws and regulations, credit union bylaws, and all regulations, rules and practices now or hereafter adopted by the credit union. All loans and lines of credit subject to credit approval. Rates are based on an evaluation of credit history and other factors specific to your loan and may be higher than the lowest rate published. ¹ Maximum loan amount is $25,000. ² Small Business Line of Credit minimum $10,000 limit, not to exceed $25,000.
Small Business Term Loan	Available Terms Up to 60 Months	Annual Percentage Rate 10.00% - 16.00% Fixed Rate¹	Estimated Minimum Monthly Payment $460.05 based on a 5-year, $20,000 loan at 13.50% APR
Small Business Line of Credit	Available Terms N/A	Annual Percentage Rate 9.25% - 11.25% Variable Rate²	Estimated Minimum Monthly Payment 2% of outstanding balance or $25, whichever is greater

Business Auto Loans

Business Auto Loans
	Available Terms	Annual Percentage Rate (Fixed)¹	Estimated Minimum Monthly Payment
Rates Effective: 09-21-2019 Learn more about Business Auto Loans All loan and line of credit rates are determined by credit union management and are subject to change at any time. All services offered by the credit union shall be subject to applicable laws of the State of Oregon, federal laws and regulations, credit union bylaws, and all regulations, rules and practices now or hereafter adopted by the credit union. All loans and lines of credit subject to credit approval. Rates are based on an evaluation of credit history and other factors specific to your loan and may be higher than the lowest rate published. New and used auto loan rates available on passenger-type vehicles only. For new/used auto model years 2009 and newer, maximum LTV may vary depending on credit history and factors specific to your loan. LTV is calculated using Kelley Blue Book retail value, MSRP, or purchase price, whichever is lowest. Vehicles meeting EPA Smartway Elite standards receive a 0.25% discount off stated APR. Discount does not apply to existing OnPoint auto loans or promotional rates. ¹ Rates assume a 0.50% discount for automatic payment from a qualifying OnPoint account. Bundle Rewards: Receive 0.25% off consumer fixed APR (Annual Percentage Rate) loans. This offer excludes the refinance of existing OnPoint loans. Auto payment from an OnPoint Checking or Savings account is required. Additional products and services are required to qualify for Bundle Rewards. Please see an OnPoint representative for more information or click here. ² New and Used Auto 84-month term requires $15,000 minimum loan amount. ³ Maximum LTV for Cargo Vehicles is 90%. ⁴ Examples of Business Specialty Vehicles include delivery trucks, cargo vans, dump trucks, and motor coach buses. For auto model years 2008 and older, and Business Specialty Vehicle loans, maximum LTV is 80% unless otherwise noted. LTV is calculated using Kelley Blue Book retail value, NADA high value, MSRP, or purchase price, whichever is lowest. Alternative terms and additional conditions may apply when aggregate debt exceeds $50,000.
New Auto (2016-2019)	Available Terms 36-60 months	Annual Percentage Rate (Fixed)¹ 3.74% - 7.19%	Estimated Minimum Monthly Payment $276.86 based on a 60 month, $15,000 loan at 4.09% APR
New Auto (2016-2019)	Available Terms 72 months	Annual Percentage Rate (Fixed)¹ 4.04% - 7.69%	Estimated Minimum Monthly Payment $237.35 based on a 72 month, $15,000 loan at 4.39% APR
New Auto (2016-2019)	Available Terms 84 months²	Annual Percentage Rate (Fixed)¹ 4.64% - 8.29%	Estimated Minimum Monthly Payment $213.35 based on an 84 month, $15,000 loan at 5.19% APR
Used Auto (2009-2015)	Available Terms 36-60 months	Annual Percentage Rate (Fixed)¹ 3.89% - 7.59%	Estimated Minimum Monthly Payment $278.90 based on a 60 month, $15,000 loan at 4.39% APR
Used Auto (2013-2015)	Available Terms 72 months	Annual Percentage Rate (Fixed)¹ 4.19% - 7.99%	Estimated Minimum Monthly Payment $239.42 based on a 72 month, $15,000 loan at 4.69% APR
Used Auto (2013-2015)	Available Terms 84 months²	Annual Percentage Rate (Fixed)¹ 4.79% - 5.49%	Estimated Minimum Monthly Payment $215.48 based on an 84 month, $15,000 loan at 5.49% APR
New Cargo Vehicle³ (2016-2019)	Available Terms 36-60 months	Annual Percentage Rate (Fixed)¹ 4.74% - 8.19%	Estimated Minimum Monthly Payment $283.69 based on a 60 month, $15,000 loan at 5.09% APR
New Cargo Vehicle³ (2016-2019)	Available Terms 72 months	Annual Percentage Rate (Fixed)¹ 5.04% - 8.69%	Estimated Minimum Monthly Payment $244.30 based on a 72 month, $15,000 loan at 5.39% APR
Used Cargo Vehicle³ (2009-2015)	Available Terms 36-60 months	Annual Percentage Rate (Fixed)¹ 4.89% - 8.59%	Estimated Minimum Monthly Payment $285.76 based on a 60 month, $15,000 loan at 5.39% APR
Used Cargo Vehicle³ (2013-2015)	Available Terms 72 months	Annual Percentage Rate (Fixed)¹ 5.19% - 8.99%	Estimated Minimum Monthly Payment $246.40 based on a 72 month, $15,000 loan at 5.69% APR
Business Specialty Vehicle⁴	Available Terms Up to 60 months	Annual Percentage Rate (Fixed)¹ 8.50% - 9.50%	Estimated Minimum Monthly Payment $512.91 based on a 60 month, $25,000 loan at 8.50% APR

Meet your larger business banking needs.

Have questions about expanding locations, construction loans or commercial real estate needs? Our experienced Commercial Relationship Managers are always available to provide the advice and support you need.

Meet with a Commercial Manager today

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Share the benefits of membership.

Give your employees the opportunity to take advantage of special offers like loan savings, rate discounts and no membership fee with OnPoint Group Banking.

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Small Business Financing FAQs

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Get the financing your business needs.

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503.228.7077 or 800.527.3932

Disclosures

All loan and line of credit rates are determined by credit union management and are subject to change at any time. Rates assume a 0.50% discount for automatic payment from a qualifying OnPoint account. All services offered by the credit union shall be subject to applicable laws of the State of Oregon, federal laws and regulations, credit union bylaws, and all regulations, rules and practices now or hereafter adopted by the credit union. All loans and lines of credit subject to credit approval. Rates are based on an evaluation of credit history and other factors specific to your loan and may be higher than the lowest rate published.
¹ Maximum loan amount is $25,000.
² Small Business Line of Credit minimum $10,000 limit, not to exceed $25,000.