VAPR Federal Credit Union offers you unique commercial financing alternatives to help you grow your business.
Installment loan
Commercial Credit Line
The credit line for businesses works similar to a credit card. The business has a credit limit and can borrow and return funds as needed. It can be used to purchase inventory or keep your business prepared for any occurrence. The best part is that you only pay interest on the funds you actually use.
Reserve to commercial checkbook
Purchase of equipment
Improve your business assets, you can acquire vital assets such as machinery or heavy equipment, technology equipment, medical equipment, renewable energy systems, among others.
Refinancing of commercial vehicles
You can acquire one or more vehicles (cars, buses, trucks, etc.) to maximize the operational functions of your business or company, promote your business or facilitate the purchase, transportation and delivery of products.
Refinancing or purchasing commercial property
Real estate refinancing will help you establish and grow your business presence by purchasing or making improvements to the property.
Our agents will work with you to find the alternative that best suits the needs of your business.
Contact us at 787-773-7600 Extension 1151 or visit us at any of our branches.
*All of our financing products are subject to credit approval. Certain restrictions apply.
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FAQ
Each of our branches has its schedule:
VAPR Plaza Branch | Monday to Friday | 7:30 a.m. – 3:45 p.m. |
Saturdays | 8:00 a.m. – 1:00 p.m. | |
Veterans Hospital Branch | Monday to Friday | 7:30 a.m. – 3:30 p.m. |
Guayama Branch | Monday to Friday | 8:00 a.m. – 4:00 p.m |
Auto Coop | 8:00 a.m. – 4:15 p.m. | |
Saturdays | 9:00 a.m. – 1:00 p.m. |
To join our credit union you must bring the following documents:
- Photo identification (License or Passport)
- $50.00 for initial deposit
Regular share (savings) accounts carry no monthly fee. In the checking account there will be no monthly charges as long as you maintain a minimum balance of five hundred dollars ($500.00). If you do not have this balance then a charge of four dollars ($4.00) will be applied monthly.
