Credit
Unions
Credit unions are financial institutions owned by the members or employees of a company or other group. Credit unions exist primarily to provide benefits to the members, and
they have different regulatory requirements that may permit them to
offer interest rates and other terms that may be more favorable than
those offered by a bank. The amount you will be able to borrow from a
credit union may not be large, but this source of funds may be helpful
in making initial purchases for your business. |