North Coast Business Lending, LLC. (NCBL) is a collaboration between five credit unions in 25 Ohio counties.  As a CUSO – a Credit Union Service Organization – our company acts as the originator and servicer of commercial loans for our five credit union partners.

You and your company/business are eligible to borrow from NCBL if you are able to establish membership, or are a current member of, one of our five credit union partners.  The parameters for membership can be found on each credit union’s website, but generally require that a borrower (or an immediate family member) live, work, worship, or attend school in the credit union’s field of membership – typically defined by county.  Credit union membership needs to be established before an NCBL approved loan can be closed.

NCBL offers secured term loans and real estate loans for business purposes.  Our typical borrowers include those purchasing equipment, investment properties (1-4 family or larger), commercial real estate, agricultural acreage, and mixed-use properties.  Other specialty requests may be considered as well.  As a reminder, loans secured by a borrower’s primary residence are NOT eligible.

We define a commercial loan as a loan where proceeds will be used for business purposes.  The collateral for a commercial loan would be anything OTHER THAN your owner-occupied primary residence or personal vehicle.  Loans secured by a borrower’s primary residence are NOT eligible.