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Commercial Construction Loans

Financing construction projects before they generate revenue can be challenging. Our commercial construction loans offer timely disbursements to bridge cash-flow gaps and keep your project on track for success.

APPLY FOR A LOAN

Overview

If you have an established business that needs to grow, a commercial construction loan may help you purchase or expand your facilities to better accommodate your business needs.

FEATURES AND BENEFITS OF COMMERCIAL CONSTRUCTION LOANS

Funds When You Need Them

Phased disbursements at key construction milestones help to keep your project on track while controlling your spending.

Long-Term Partnership

We’re in it for the long haul. More than a lender, we’re a partner offering help and advice at every stage of your building project.

Flexible Payment Structure

Make interest-only payments until your project is complete, then benefit from our great rates as you repay your principal.

Flexible Terms

Talk to us about your business goals and growth plans. We’ll tailor your loan amounts and terms to meet your needs.

No Prepayment Penalty

Pay off your commercial construction loan earlier without the financial burden of a penalty.

MORE ABOUT OUR COMMERCIAL CONSTRUCTION LOANS

We’re more than a lender when it comes to supporting business owners. We’re a strategic partner dedicated to helping you reach your business goals with long-term funding, stage-by-stage support, and advice.

APPLY FOR A LOAN

Construction begins on a new facility with funding from a commercial construction loan.

APPLY FOR A COMMERCIAL CONSTRUCTION LOAN IN THREE EASY STEPS

  • 1

    Take the First Step

    Check if your business meets our membership criteria. Then contact us to get started.

  • 2

    Apply

    Apply for your business construction loan. Be sure to provide all your supporting documents.

  • 3

    Break Ground

    Start to build your dream. We’ll work with you to fund each phase of your construction project.

Friendly, fast, and pleasant to do business with! There has not been a single time they haven't tried their best to help me out.

— Frances H., Woodland, WA

WHY CHOOSE FIBRE FEDERAL?

Fibre Federal Credit Union is here to support local businesses. We believe in the local economy’s power and are committed to helping our communities thrive. That means offering the flexible credit you need to grow your business.

APPLY FOR A CONSTRUCTION LOAN

A commercial construction loan helps a businesswoman expand her warehouse space enabling her to boost available inventory.

COMMERCIAL CONSTRUCTION LOAN FAQs

  • A commercial construction loan offers funding for construction work with phased disbursements of funds during each phase of the construction process. The balance on these disbursements can be repaid with interest-only payments until construction is complete. Upon completion, your construction line of credit may be refinanced as a commercial real estate mortgage.

  • Commercial construction loans can be used to build, renovate, or expand.

  • Your company will need to be a business member of Fibre Federal Credit Union. Membership is open to businesses operating in Cowlitz, Clark, Lewis, Wahkiakum, Pacific, Skamania, or Grays Harbor counties in Washington, or Columbia, Clatsop, Tillamook, or Lincoln counties in Oregon.

  • Working with a local credit union like Fibre Federal means you’re partnering with an institution that understands your community and where your business fits within it. We are committed to supporting local businesses with affordable credit products, long-term partnerships, and personalized service.

  • Unlike a regular business loan, funding from a commercial construction loan can only be used to finance new construction or expansion and renovation of an existing facility. Also, while funding from a regular business loan is disbursed as a single lump sum, money from a construction loan is provided in phased payments as stipulated construction milestones are reached. You can make interest-only payments on these disbursements until construction is complete.

  • Businesses of any size can apply.

MORE WAYS TO HELP YOUR BUSINESS THRIVE

BUSINESS LINES OF CREDIT

Fibre Federal Credit Union’s business line of credit is designed to make cash-flow crunches a thing of the past.

Learn More

COMMERCIAL REAL ESTATE LOANS

With competitive rates, low fees, and flexible terms, you can get the funds you need to renovate or expand your operations.

Learn More

BUSINESS VEHICLE & EQUIPMENT LOANS

Business vehicle and equipment loans offer a way to invest in new equipment without straining your cash flow.

Learn More

CONTACT US

Ready to get started on your next business endeavor? Our friendly, knowledgeable team is ready to help! Contact us today to learn more about our Commercial Loan options.

CONTACT US

All Rates

18 Month Money Builder Certificates (Add on Certificates)

Rate is effective April 14, 2025 and is subject to change.
Also see terms for accounts.

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