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

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

Equity Lines

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

 

Paycheck Protection Program

If you applied for PPP using our online portal, you must access the forgiveness application through the portal as well. Log in with your username and password, then select Forgiveness.

If you completed a paper application, use the PPP Loan Forgiveness Applications below.

SBA Form 3508 and Instructions
SBA Form 3508EZ and Instructions
SBA Form 3508S and Instructions (under $150,000)

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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.

Tonya Edwards
Tonya Edwards
Vice President
Business Banking

(757) 873-4031

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

Deanna Kimrey
Deanna Kimrey
Relationship Manager
Commercial Banker
(757) 928-8850, ext. 3708

Lori Boschelli
Administrative Assistant
(757) 873-4045

Leslie Keaton
Administrative Assistant
(757) 873-4046

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BayPort Business 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.

App Store Google Play

BayPort Business credit card

Go platinum.

Get the spending power you need. Our Mastercard® Business Platinum credit card provides the rewards-based financial flexibility you need to cover everyday business expenses and special purchases.

Get all the details ▸

(757) 928-8850 · (800) 928-8801

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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