Business Loans
Starting a business is tough; keeping it on its feet can be even tougher. Fortunately you've got Spirit of Alaska on your side! We can help you shoulder the financial burden and give you the boost you need to make your business a success. From real estate to equipment to working capital and beyond, we can help. We even offer SBA loans for qualifying businesses. Apply now and put your company on the fast track to success!
- Summary
SOAFCU offers competitively priced term loans for businesses. Rates are subject to the borrower's qualifications. Loans can be either fixed or variable rate depending on the type of loan.
- Competitive financing charges
- Long and short-term options
- Flexible terms
- Local approval and servicing
- Pre-approval available
- Easy to apply
We offer:
- Equipment loans
- Working Capital loans
- Lines of credit for established businesses (up to $100,000)
- Commercial real estate loans
- Small Business Administration (SBA) loans
Fill out an application, and we will contact you about your business loan.
Jim Carter, Vice President of Business Loans
- SBA Loans
The Small Business Administration requires borrowers to have a D & B D-U-N-S number. The Data Universal Numbering System, abbreviated as DUNS or D-U-N-S is a system developed and regulated by Dun & Bradstreet (D&B) which assigns a unique, nine-digit numeric identifier to a single business entity.
SOAFCU will require a copy of your state business license. If you need to find a copy of your business license, you can start at the State of AK website.
- Business Resources
Help with starting a Small Business:
Alaska is a great place to open a small business. See these links for helpful tips and information.
- US Small Business Administration
- Alaska Small Business Development Center
- Fairbanks North Star Borough Division of Economic Development
How do I get a business license in Alaska?:
The first step in opening your doors.
- State of Alaska Division of Corporations, Business, and Professional Licensing
- The City of Fairbanks Business Licensing Information
Need help with a business plan?
Visit these sites:
- http://www.fasttrac.org/
- http://www.sba.gov/smallbusinessplanner/index.html
- http://www.tvc.uaf.edu/sbdc.html
Need to leverage funders to finance your business plan?
Find some help through these websites:
