Construction Loans

Quiz

Which Business Loan is Right for You?

What do you want to do with your loan?
- I want funds to start a business.
  - Do you have a little extra time to work on your application?
    - Yes
      - Do you have a strong credit history?
        
        Yes
        
        You may want to consider an SBA or USDA Guaranteed Loan. These offer some of the lowest rates on the market.
        
        No
        
        Do you have collateral available (such as cash in savings) for your loan?
        
        Yes
        
        You might be interested in a Secured Line of Credit.
        
        No
        
        An Unsecured Line of Credit is probably your best bet.
    - No
      - Do you have collateral available (such as cash in savings) for your loan?
        
        Yes
        
        You might be interested in a Secured Line of Credit.
        
        No
        
        An Unsecured Business Line of Credit is probably your best bet.
- I want a home office or other facility site (restaurant, shop, factory etc.) for my business.
  - Would you like to build or purchase an existing property?
    - Purchase an existing property
      - It sounds like a Commercial Real Estate Loan might be right for you. You can learn more about our rates and start your application.
    - Build something new
      - It sounds like a Construction Loan might be right for you.
- I need new equipment to improve or start my business
  - It sounds like a Business Equipment Loan may be right for you.
- I need a vehicle (company car, delivery truck etc.) for my business
  - It sounds like a Commercial Vehicle Loan may be right for you.

What Is It?

Construction Loans from Yolo Federal

Want to build out property for your business? You’ll probably need a Construction Loan. And getting one is much easier with a true friend by your side. We’ll walk you through the underwriting process and answer any questions that pop up.

Why Yolo Federal

Cover any business need with Yolo

Reasonable interest rates
Personalized customer service
A variety of business loans available

FAQs

What do I need to apply for this loan?

The required documents will vary based on what type of business you have (non-profit, sole proprietorship, etc.). View the full checklist.
How do I submit my application?

Once you’ve completed the Business Loan Package, there are three ways to submit it.

1. By mail:

Yolo FCU
Attention: Business Services Department
501 G Street
Davis, CA 95616

2. By fax: 530-758-1443

3. By email: BusinessSolutions@yolofcu.org

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