Business Lines of Credit
With a Community First Business Line of Credit, you can borrow cash, repay it, and borrow money again, without the hassle of applying for a new loan every time your business needs funds. Flexible and affordable, your business line can be a great way to finance short-term working capital needs and manage seasonal business fluctuations.
Why Community First For Your Business Line Of Credit
Easy application
Fast decisions
No matter how you apply, our local decision-making means you get the answer you need, when you need it.
Immediate cash access
Once approved, you can easily access your line through Business Online Banking: repay what you borrow and the money is yours to use again.
Bottom-line benefits
We offer low rates, interest-only payments, and flexible terms so your Business Lines of Credit works for your business needs—and the bottom line.
Meet Our Commercial Lending Team
Our team of dedicated professionals has decades of experience helping local businesses throughout Northeast Florida succeed. Whether you need help moving into a larger space, upgrading your facilities, managing your cash flow, or switching to a better checking account, we’re here for you every step of the way.
Contact our team
Contact our team
George Danforth
Commercial Lending Vice President
DanfoG@c1cufl.org
John Keeley
Commercial Lending Officer
KeeleyJ@c1cufl.org
KeeleyJ@c1cufl.org
Allen Sage
Commercial Lending Officer
SageA@c1cufl.org
Larry Celzo
Commercial Lending Officer
CelzoL@c1cufl.org
Jose Angulo
Commercial Lending Officer
AnguloJ@c1cufl.org
Jeff Cates
What our Business members say
Testimonials
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Looking for something different? Explore our other Business Banking solutions.
Commercial Real Estate Loans
Available for both investment and owner-occupied properties as well as new construction, our Commercial Real Estate Loans offer generous loan-to-value (LTV) ratios, low rates and fast, local decision-making from a team of experienced professionals who are ready to move when you are. Please call 904.224.9084 for specific documentation requirements.
Business Auto Loans
Keep your business heading in the right direction with an affordable auto loan from Community First. We offer financing for commercial vehicles of all types, along with fast approvals, affordable rates, and flexible payment options so you get the vehicle you need when you need it.
Equipment loans
The right equipment can boost your business productivity and profitability. So can the right financing. At Community First, we offer low-cost loans for equipment of all types together with fast decision-making and a dedicated team focused on equipping your business for success.
Business Special Purpose Savings Account
Whether you’re saving for new office space, equipment, or to build a cushion to hedge against seasonal shortfalls, this special-purpose account can help you get there faster.
Resources
Ready to get started? Take a look at our Business Account opening requirements so you can prepare your documents ahead of time.
Order change for your business and pick it up at your local branch in as little as 30 minutes.
Learn about the components of a business plan and how to create one that communicates your business’ financial future and health.
Learn about the three most important financial statements: balance sheets, profit and loss statements, and cash flow reports.
Learn about the different types of credit that can support your business operations.
Learn what’s needed to obtain credit, so that you’re better prepared when you’re ready to apply.
Learn how to find the right financing and funding sources for your small business.
Learn about the various opportunities available to launch, sustain, and expand your small business.
Learn more about how you can help make your business better equipped to handle challenges.
FAQs
Is my business eligible for membership at Community First Credit Union?
The business headquarters, corporate office or any physical location must be located within our field of membership OR any Responsible Individual must live, work, or attend school in one of the following counties: Baker, Brevard, Broward, Clay, Duval, Flagler, Indian River, Lake, Martin, Nassau, Orange, Palm Beach, Putnam, Seminole, St. Johns, St. Lucie, or Volusia OR any Responsible Individual must be a relative of an existing or eligible Community First Credit Union of Florida member.
Want to know more? Take a look at our Business Account opening requirements or simply contact us.
What do I need to apply for a Business Line Of Credit at Community First?
Please call 904.224.9084 for specific documentation requirements.
What’s the maximum line my business can qualify for?
In general, the maximum line a business can qualify is up to 10 percent of gross revenues. Other restrictions apply. Please call 904.224.9084 for specifics.
Does Community First offer loans to start-ups?
While we offer loan solutions to meet the needs of businesses big and small, we don’t finance start-up businesses at this time.
Community First Credit Union membership is open to anyone who lives, works, or attends school in one of the following Florida counties: Baker, Brevard, Broward, Clay, Duval, Flagler, Indian River, Lake, Martin, Nassau, Orange, Palm Beach, Putnam, Seminole, St. Johns, St. Lucie, or Volusia. Membership is also open to any relative of an existing or eligible Community First Credit Union of Florida member.