Vehicle and Equipment Loans
Express Loans up to $50,000 (opens in a new tab) Business Loans over $50,000 (opens in a new tab)Want to drive your Maryland business forward? Our vehicle and equipment loans can help you power up.
Delivery truck fleets and earth-moving machinery. Factory tools and computer hardware. It takes all types of vehicles and equipment to keep the wheels of commerce turning across the Baltimore, MD area. When your business is ready to shift into a higher gear, turn to MECU Credit Union for fast, low-cost auto financing.
Choose between fixed- and variable interest rate options
Borrow anywhere from $20,000 to $500,000
Fast loan approval process means no business delays
We're well-equipped to meet your machinery needs
A MECU Vehicle and Equipment Loan is a versatile tool that can be used for almost any type of equipment or vehicle your small business or big company needs. Our experienced business lending team are available to answer questions and assist with any steps in the loan process.
- Ideal for purchase of vehicles or equipment (titled in the business' name)
- Up to 7-year vehicle loan repayment terms
- Up to 10-year equipment loan repayment terms
- New or used vehicles or equipment loans, or auto refinancing for an existing loan
Download our checklist of Business Loan Requirements
Banking with MECU Credit Union in Maryland means belonging to a local financial institution that invests in the Baltimore community and offers competitive rates on business loans and other commercial lending products.
