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Business Loans

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Commercial Real Estate Loans

LGE offers real estate loans to construct, purchase, or refinance commercial property. Expansion and remodeling, too.

  • Secured by the real estate being financed
  • Competitive fixed or variable rate of interest
  • Flexible amortization terms
  • SBA loans
    • 7A and 504 loans 

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Business Vehicle Loans

LGE offers great rates on business auto loans, new and used.

  • Up to 100% financing and varying loan lengths
  • No application fee
  • Quick application 
  • Discounted cost for AutoCheck to check a vehicle's history before you buy
  • Some of the best rates around!

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SBA Loans

LGE is an Small Business Administration (SBA) approved lender, which allows us to extend lending beyond the scope of standard financing. SBA loans make it possible to qualify your business more easily.

Even better, an SBA loan can mean lower down payments and a longer time to repay. At LGE, we make applying for an SBA loan smooth and easy. Our Business Loan Officers will guide you through the process.

  • What is an SBA loan?

    The Small Business Administration (SBA) has created a program of government-guaranteed loans designed to help give small businesses that may not otherwise qualify for credit get the funds they need. SBA loans make it possible to qualify businesses more easily and provide them with more flexible terms than conventional loan options, letting you preserve working capital for other expenses.

  • What can an SBA loan offer?
    • Flexible loan structure
    • More time to repay the loan
    • Lower down payments

    Qualifying for an SBA loan is easier than qualifying for other loans. First, the SBA allows higher loan-to-value ratios. Depending on your loan request, you may be able to borrow up to 100% of your financing needs. Secondly, we can potentially offer longer finance terms with different payment options. This may be especially advantageous if your business is growing rapidly.

    SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, or supply working capital for ongoing financing needs.

  • Who is it for?
    • Owner-operated
    • For profit
    • Organized as a sole proprietorship, corporation, or professional partnership
    • Within the size guidelines designated by the SBA
    • Unable to secure other credit under reasonable terms

Must be an existing member or eligible to become a member through our Field of Membership. Some applications may require further consideration and additional information may be requested. Credit is subject to approval. Normal credit standards apply. All loans subject to approval.