Business Construction Loans

It's time to build your facility and your business.

Whether you're building a new business or ready to expand a current one, a business construction loan can help you finance the building process. Loan draws are available as you need them throughout the construction timeline. Your dedicated Commercial Banking Officer works with you to ensure the project stays on track to hit completion dates. Our Commercial Lending team is friendly, knowledgeable, and local. We develop relationships with business owners that last for many years.

In addition, CMCU partners with several agencies to obtain GAP financing and low-cost solutions for your business' needs. Participation with these agencies help provide cost-effective solutions to your business. Some of the agencies CMCU participates with include:

  • Small Business Administration (SBA) - Click here to learn about our SBA Preferred Lender status
  • The Initiative Foundation
  • Local Economic Development Associations
  • US Department of Agriculture (USDA)
Construction site planning

Competitive Rates

As the largest commercial-lending credit union in Minnesota, we are able to provide our business members with low loan rates.

Low Fees

CMCU has very competitive terms for businesses which include low fees. We make sure you're comfortable with all of the terms of your loan.

SBA Loans

SBA has great programs available for new businesses and our preferred lender status helps you get that financing faster and easier.

Let's Build Something Together

For every stage of your business, CMCU can help provide the financing for new or expansion construction projects.

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New Facility for an Existing Business

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Expansion on a Current Facility

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New Business Facility

Get Started!

Contact Us

Fill out our online form with some information about your business and the products or services of interest. Your local Commercial Banking Officer will be in touch within 1-2 business days.

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Locate a Branch

You can open a business account or loan at any CMCU location. Each location has a designated Commercial Banking Officer, but we recommend you call ahead to make an appointment.


Call Us

We have a dedicated phone line for business members which will help you reach someone who can help faster and save you precious time.

(833) 267-7321

Business and Commercial Loan Options

Check out some of the other business loan options available with CMCU:


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Real Estate



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Fixed Term loans icon

Additional Products and Services for Businesses

Check out all of your other options you can utilize with CMCU's suite of business products and services! Our business team will work with you individually to ensure you're on track to reaching your business goals.

Business Accounts

Store, save and spend your hard-earned cash with checking accounts, Money Markets. and more.

Digital Banking

Efficiently manage your business finances anywhere and on any device.

Industry Information

Learn more about the financial solutions specific to your business's industry.


Not a Member? Join us today!

  •  Wide variety of products
  • 21 convenient branch locations.
  •  Online and mobile banking
  •  24,000 ATM locations nationwide
  • Cash management services suite
  •  Low interest rates on loans
  •  High interest rates on savings
  •  Free checking

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