Online BankingExpand/Collapse

Online Banking

Loans

At Weyburn Credit Union, we know that whether it is a small or large business, spending money to make money is important. Sometimes, money is not available to help your company grow and expand; therefore, borrowing is a viable option to help you in your business. Weyburn Credit Union provides commercial and ag loans with flexible terms and conditions. Decisions are made locally which means faster approvals for you.

Term Loans Expand/Collapse

Our term loans are perfect for one-time, large purchases.  Commercial and Ag term loans are designed to provide funds to members who require the funds for specific capital purchases such as vehicles, equipment and other asset purchases.

Our term loans offers the terms and payment options your business is looking for:

  • Your loan can always be repaid, in part or infull, without penalty - saving you interest costs. 
  • With flexible repayment options, you have the ability to set up your payments to match your cash flows - weekly, bi-weekly, monthly, semi-monthly or quarterly - in some instance we even offer semi-annual payments.
  • We can finance up to 75% of the purchase price of your equipment or asset.
  • We offer competitive, variable interest rates on all of our term loans.

Operating Loans Expand/Collapse

Many successful commercial or farm businesses use operating loans to bridge cash flow shortfalls. Operating loans are designed to provide funds to members who require funds for specific operating purposes such as receivables, inventory build-up, seasonal requirements, farm input costs (fertilizer, chemical, seed, etc.), or other cash flow needs.

  • Funds can be disbursed as you need them - up to the agreed limit. Simply stop by the branch - or even easier, just give us a call and we will have the funds in your account when you need them.
  • Operating Loans can be repaid at any time without penalty, which will save you money on interest costs.
  • With flexible repayment options, you have the ability to set up your payments to match your cash flows
  • You only pay interest only on the amount disbursed or outstanding balance - lowering your interest costs.
  • We offer competitive, variable interest rates on all of our operating loans.