Small Business Services

The small business market is a huge opportunity for credit unions, right now. Business Partners, LLC can help your credit union develop and implement a highly competitive small business loan program. We provide a fast, safe and profitable solution for credit unions that want to be part of this exciting growth opportunity.

What Businesses Qualify For A Small Business Loan?
Any business meeting the following criteria:

• Qualifies for membership at your credit union
• Acceptable minimum business/personal credit score
• In business at least two years
• Acceptable industry type (i.e., not excluded by your/our policy)

How Much Can Be Borrowed?

• $250,000 maximum relationship
• $25,000 minimum relationship

Why Choose Business Partners?

• Comprehensive, highly competitive small business program methodology
• Proven, experienced small business staff
• Rapid program implementation (<90 days)
• Dedicated small business sales professionals experienced in your market;
• Fast, efficient underwriting via ASP (web) … receive answers on your applications within 1 business day for conventional loans, 3 business days for SBA Express loans
• Fully outsourced document, security filing, and loan servicing solution
• BP works exclusively with your credit union in your market

Non-SBS Process at Business Partners, LLC

Can I use the Business Partners underwriting process for other business loan products that my credit union offers outside the BPLLC SBS program?

Yes, you can use our underwriting process for the following loan products:

• Business Overdraft Protection Lines
• Business VISA® Cards
• Commercial Vehicle Loans

We provide the credit training and underwriting and you provide the sales, documentation, servicing and other roles for the Non-SBS loan program services, as shown in the chart below. You would administer the non-SBS loan programs on your core system as you do other credit union loan programs such as auto or home loans.