BayPort Credit Union

Get financing for your business needs.

We make lending decisions based on our local economy. Helping you helps our community and businesses grow.

Solutions for when your business needs them most–especially when you need to maintain daily operations uninterrupted.

Installment

  • Loans secured by Savings and Share Certificates
  • Equipment loans
  • New and used vehicle loans
  • Unsecured loans

Line of Credit

  • Flexible rates and terms
  • Short-term financing to maintain daily operations uninterrupted

Single Payment

  • Due and payable in one lump sum at the end of the loan term
  • Loans secured by Savings and Share Certificates
  • Unsecured loans
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Commercial Real Estate Loans

First Mortgages

  • Options with fixed and variable rates
  • Available for owner-occupied and non-owner-occupied properties

Second Mortgages

  • Open-end lines of credit
  • Closed-end lines of credit
  • Options with fixed and variable rates

BayPort must be in first lien holder position.

Equity Lines

  • Commercial property or personal residence may be used to secure loan
  • Use funds as your business needs arise

 

Mastercard® Business
Platinum Credit Card

Your business needs financial flexibility to take care of everyday expenses and special purchases. ScoreCard® Bonus Points pay you back every time you use your card! Plus, receive rebates from thousands of participating merchants when you use your business credit or debit card with Easy Savings.

Apply now (PDF)

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SBA programs to help you through.

To learn more about COVID-19 relief options, visit the SBA website

Economic Injury Disaster Loans

Available to help meet financial obligations and operating expenses that could have been met had the disaster not occurred. See a few recent program updates below:

  • Maximum loan cap increased from $500,000 to $2 million
  • Use of funds includes payment and pre-payment of business debt incurred at any time and payment of federal debt
  • Extended the deferment period to 24 months from origination for all loans

See COVID-19 EIDL program updates

Restaurant Revitalization Fund

The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. Other eligible businesses include food trucks, caterers, bars, bakeries, brewpubs, breweries, wineries, and inns.

This program will provide restaurants with funding equal to their pandemic-related revenue loss of up to $10 million per business and no more than $5 million per physical location.

Learn more about RRF

Real people. Ready to get you started.

For more information, email our business banking team.

Tonya Edwards
Tonya Edwards
Vice President
Business Banking
(757) 873-4031

Denise Brown
Denise Brown
Relationship Manager
Commercial Banker
(757) 671-8871


Amanda Corbett
Relationship Manager
Commercial Banker
(757) 325-6387


Michale Miller
Relationship Manager
Commercial Banker
(757) 671-8881

Lori Boschelli
LORI BOSCHELLI
Administrative Assistant
(757) 873-4045


SHALESIA TURNER
Administrative Assistant
(757) 325-6373

Ready to apply?

Time to take your business to the next level. We’re ready to help you get there.

Apply now (PDF)

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Business banking for today’s visionary entrepreneurs.

Keep pursuing your wildest business aspirations with perk-packed checking & savings accounts that let you stay focused while keeping your hustle strong.

More about business banking

BayPort mobile banking app

Taking care of business anytime, anywhere.

Get FREE instant access to your accounts with mobile deposits, bill pay, and eStatements so you can handle your business whenever you need to.

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(757) 928-8850 · (800) 928-8801

Find a Branch

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.

Our website contains links to websites owned and operated by third parties. If you use these links, you leave our website. BayPort Credit Union has no control over the contents of such linked websites or third parties and is not responsible for these websites, their content, or availability.

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