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Business Lines of Credit
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Last Updated: 04/18/2025

Leominster CU Business Lines of Credit

in Business Lines of Credit from Leominster Credit Union

Last Updated: 04/18/2025

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APR (Variable APR)

N/A

Credit Score Range

N/A

Amount Range

Starting at $10,000
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Leominster CU Business Lines of Credit Review

Leominster CU Business Lines of Credit is offered by Leominster Credit Union, a credit union founded in 1954 and based in Leominster, MA. Leominster CU Business Lines of Credit are available in states.

Leominster CU Business Lines of Credit FAQ

What APRs does Leominster CU Business Lines of Credit offer?

Leominster CU Business Lines of Credit offers a variable APR, but they do not disclose their rates.

Does Leominster CU Business Lines of Credit charge an origination fee?

Yes, Leominster CU Business Lines of Credit charges an origination fee.

Does Leominster CU Business Lines of Credit charge prepayment fees?

Yes, Leominster CU Business Lines of Credit charges additional fees to borrowers who pay off their lines of credit sooner than anticipated. Take this into consideration when choosing a lender because prepayment penalties can reduce or even cancel the interest savings of repaying a line of credit early.

How much can you borrow from Leominster CU Business Lines of Credit?

Line of credit amounts start at $10,000 .

What do you need to qualify for Leominster CU Business Lines of Credit?

Leominster CU Business Lines of Credit does not require or does not disclose a credit score minimum.
Leominster CU Business Lines of Credit does not have or does not disclose a minimum annual income eligibility requirement.
U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by Leominster CU Business Lines of Credit.
To qualify, applicants may need to provide the following documentation:
  • Proof of income
  • Business formation documents
  • Business financial statements
  • Driver's license or other government photo ID
  • Proof of identity
  • Proof of citizenship or residence permit

Does Leominster Credit Union perform a hard credit pull?

Yes, Leominster CU Business Lines of Credit performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.
Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

20 Adams St
Leominster, MA 01453
(800) 649-4646
Visit Site
Email Support

Hours of Operation

Sunday
Closed
Monday
8:30AM - 5:00PM
Tuesday
8:30AM - 5:00PM
Wednesday
8:30AM - 5:00PM
Thursday
8:30AM - 6:00PM
Friday
8:30AM - 5:00PM
Saturday
8:30AM - 12:00PM

Other Services by Leominster Credit Union