Business Services

Business Membership Business Partnership Navigator Program

Business Membership

Every Business Membership at Northwest Community Credit Union begins with a Business Savings/Checking Account, providing all the benefits of membership.

  • Earn competitive dividends
  • Convenient account access
  • Each account insured up to $500,000 by American Share Insurance/Excess Insurance
  • Minimum balance to open and earn dividends ($10.00)

For more information about membership, contact our Member Service team at 847-647-1030, send us an email with the phone number to contact you or stop by our Morton Grove branch.

A $50.00 loan application fee will apply.

Business Partnership

NWCCU Membership: No cost to you. Endless value for your employees.

Offering your employees credit union membership is a proven way to enhance your company's benefits absolutely no cost to you. It’s a perk that helps attract and retain a strong, loyal staff.

When your company becomes a Select Employee Group of Northwest Community Credit Union, you can offer your employees and their family members the valuable, life-long financial benefit of credit union membership!  It’s a benefit they’ll thank you for. 

Select Employee Group (SEG) Benefits:

  • Custom financial solutions
  • Special money-saving offers
  • Access to free financial seminars
  • Access to our Financial Literacy Modules
  • Plus, much more!

We will handle all the details, walk your employees through the easy process of becoming a member and visit on a regular basis to introduce ways to help them save money and enrich their lives.

Credit union membership is the benefit that offers endless value to your employees.

Contact us today at to learn more or call 847-647-1030.

Your small business loan is a big deal, whether you need access to capital or purchase new/used equipment. We can finance the following:

  • Vehicle Loans (Purchase and Refinance – New or Used)
  • Equipment Loans
  • Share Secured Loans for Business Purposes
  • Unsecured Loans for Business Purposes

Review the list of documents required to help expedite the loan process. During the application process you will be asked to upload Business Financial Statements (Balance Sheets & Income Statement) and/or Federal and State Business Tax Returns with All Schedules Included (Last 3 Years).

  • Interim Business Financial Statements (Balance Sheets & Income Statement)
  • Dated within 90 Days of Loan Application for All Owners and Guarantors
  • Complete Personal Tax Returns with All Schedules Included for all Owners and Guarantors (Last 3 Years)
  • Personal Financial Statement for All Owners and Guarantors on Secured Loan Requests of $50,000 or More and for Unsecured Requests of $5,000 or More
  • 2 Most Recent Consecutive Pay Stubs for Any W-2 Income (Sole-Proprietors Only)
  • 2 Most Recent Bank Statements (Sole-Proprietors Only)
  • Verification of Residency (Utility Bill, Phone Bill, etc.) (Sole-Proprietors Only)
  • Copy of Two Forms of ID
    • Primary (Driver’s License,Military ID)
    • Secondary (Insurance Card, Social Security Card, Work ID, etc.)
  • Articles of Incorporation, Bylaws, Corporate Resolution, Partnership Agreement and/or Operating Agreement (Whichever Is Applicable)
  • Business Plan, Including Financial Projections
Apply Now

Whether you are just getting started or looking to take your business to the next level, we have loan options that are custom tailored to your business. We will help maximize your profitability, while delivering the reliability and security essential in today’s business environment.

We are proud to serve our local businesses with loan options to help you grow.

Small Business Administration (SBA) Loans

SBA loans are partially guaranteed by the government and provide long term loans to small businesses. Loan amounts can be small or large, and used to purchase a business, finance franchising, restructuring, expansion, machinery & equipment, construction, and real estate acquisition, development, and refinancing. SBA loans typically have rates and fees comparable to other, non-guaranteed loans, and can come with lower down payments and sometimes, without collateral.

As an SBA lender, we work with business owners to offer favorable terms and local decision making. Our banking team can assist with SBA 504 and SBA 7(a) loan programs.

Commercial Real Estate Loans

For Business Loans, please contact our Member Service Team at 847-647-1030 or send us an email with the phone number to contact you. We will respond within one business day.

Downloadable Documents:

What We Look for When Evaluating a Loan:

We work closely with our borrowers to make the applications process as easy and transparent as possible. When we evaluate your application, we look at the following criteria:

1. Experience. What experience do you have in the industry related to your business. What management experience do you have?

2. Creditworthiness. Do you and your business have a history of paying debts and suppliers on time? You can get a free copy of your credit report at

3. Capital. How much money have you invested so far in your business? How much money can you invest in this project?

4. Cash flow. Can your business cover expenses plus the loan payment?

5. Collateral. What assets can be used to secure the loan? Possible collateral includes real estate, cash, and in some cases equipment. Note: Some of our smaller loans do not require collateral.

6. Personal debt-to-income ratio. Is your business able to pay you a sufficient salary to cover your debts? For start-ups, we will require the borrower or co-signer to have a secondary source of income.