Finance the perfect space for your business
Purchase or renovate commercial property with a commercial real estate loan from RCU.
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Good to know
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Expect the process to take time
Commercial real estate loans may be harder to qualify for and can take longer to approve than other business loans.
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Stay actively involved
The more actively involved you are with your loan officer, the smoother your process will move.
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1
Open an account
Become a Member of Redwood Credit Union.
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2
Apply for a loan
It only takes a few minutes.
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3
Choose your terms
Enjoy flexible terms and structures.
Learn how Trevor and Stephanie got their commercial building with help from RCU.
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Why Choose RCU?
At RCU, we’re passionate about helping our Members improve their lives. If you want a credit union that keeps your unique needs in mind and helps you envision and manage your financial future, the friendly experts at RCU are here for you.
Named one of America’s Best Credit Unions by Newsweek
Recognized by Forbes as one of America’s Best Small Employers 2023
Have a question?
At RCU, we're known for our reliable service, and we'll answer your questions and calls quickly.
Fund the property of your dreams
Let us help you invest in your next commercial real estate property.
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RCU commercial loans are only available on CA properties.
Forms
Commercial Real Estate Form
Member commercial real estate loan application
*You may bring all completed forms into any RCU branch or mail it to the following address:
Redwood Credit Union
Attn: Business Services
P.O. Box 6104
Santa Rosa, CA 95406-0104
All Highlights
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Flexible terms and structures
Get the right loan to meet your business needs.
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Fixed and variable rates
Choose the option that works best for you.
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Amortization up to 30 years
Enjoy affordable monthly payments.
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Available for most commercial property types
Commercial real estate loans can even be used for multifamily and mixed-use.
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Owner/user and investor loans available
Get more flexibility for financing.
PPP Forgiveness Application Deadline
Congress passed The Economic Aid Act which changed the deferment period from 6 months post covered period to 10 months post covered period. For example, if your covered period ended June 30, 2021, under the new guidelines the earliest your first loan payment wouldn’t be due until April 2022, and you have until then to request forgiveness. Please use the following calculation to help you identify when your forgiveness will be due:
- PPP borrowers may select a covered period anywhere from 8 weeks to 24 weeks.
- RCU is automatically calculating your loan due date based on a 24-week covered period, if you intend on using a shorter covered period please inform us immediately as this will impact your due date.
- Your correct deadline will be reflected in your online banking account.
If all or part of your PPP loan is not forgiven, your first loan payment will be due the first of the following month after a decision is made by the SBA.
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