MCCU is ready to help you start or grow your business.  We offer a wide variety of loans and lines of credit, including SBA financing; merchant processing and deposit services for any size business. 

Have questions?  Want to schedule an appointment?  E-mail Deb Otto, who serves the Duluth area, or Karla Miller, who serves Cloquet, Aitkin and McGregor, at the links below or give them a call.  We can help your business achieve commercial success!

ANNOUNCEMENT: Electronic Federal Tax Payment System Requirement
As of August 31, 2010, MCCU will no longer accept paper-based Treasury Tax & Loan payments. Moving forward, payments must be made directly to the U.S. Treasury Department through the Electronic Federal Tax Payment System. Please enroll as soon as possible at www.eftps.gov or 1-800-555-4477. If you need more information, please call an MCCU Member Service Representative 218-625-8500 or 800-296-8871.

Business Lending

Equipment Financing
Purchase new or used equipment or vehicles, with terms up to 72 months.  Finance up to 80% of the purchase price!

Real Estate
Finance up to 80% of the property value.  We offer a 20-year amortization with up to a five-year fixed interest rate payment.

Line of Credit
We offer secured and unsecured lines of credit with terms up to two years.

Business Loan Application
Business Application Checklist
Personal Financial Statement

Small Business Administration (SBA) loans

The United States Small Business Administration (SBA) is making it easier for small business owners to start up and grow. MCCU’s business lenders have lengthy experience working with SBA loans; we are also a SBAExpress lender, ideally suited to help your business get where you need it to go. For more information on SBA loans and their new fee policies through the American Recovery and Reinvestment Act, visit www.sba.gov.

Business Checking
- No minimum balance to open
- Low monthly service charge
- Unlimited withdrawals, deposits and transfers
- Monthly online or paper statements
- Access online, by ATM, or Mastercard Check Card
- Automatic transfers available
- Carbonless check copies and online viewing of cancelled checks

Order checks

Business VISA Card
For more information on the VISA card services MCCU offers for businesses, click here.

Merchant Processing
Increase sales with our economical transaction processing services for Visa and Mastercard.  Call or e-mail for more information!

Deposit Services
Grow your investments with very competitive rates on Certificates, Money Market and Savings Accounts.  Our Business Checking Accounts offer full service and easy access via network ATMs, phone, online, or at any of our six offices – without high monthly or per item processing fees.

Safe Deposit Boxes
MCCU also offers safe deposit boxes for storage of vital information and materials. Ask your MSR for details.

Dean Fries
Business Lending Manager
Duluth offices
218-625-8857
dean.fries@membersccu.org

Karla Miller
Member Business Loan Officer
Cloquet, Aitkin and McGregor offices
218-878-3688
karla.miller@membersccu.org

Deb Otto
Member Business Loan Officer
Duluth offices
218-625-8825
deb.otto@membersccu.org