Heritage Community Credit Union is the latest in the industry to launch a business lending program.
The $200 million credit union in Sacramento, Calif., said it will make loans to businesses for commercial real estate, rental properties, commercial vehicles, equipment and inventory as well as offer business credit cards.
Last fall, Heritage Community launched a suite of business products and services including checking accounts, credit and debit cards, merchant services, business tax payments and money market accounts.
Kimberly Jurgens, vice president of sales and marketing at Heritage Community, said the credit union is hoping to be a one-stop source for business owners’ financial needs.
Heritage Community serves more than 16,000 members.