Starting a Business? SCFCU is Here to Help You Get Off on the Right Foot
Starting a business is an exciting journey filled with opportunities and challenges. Whether you’re starting a retail shop, opening a restaurant, launching an online store, starting a service-based business or more, seeing your dreams come to life as a business owner can be a rewarding experience.
But before your business can flourish, the planning phase can also be a journey of the unknown as you attempt to get your business off and running. That’s where St. Cloud Financial Credit Union and our Business Services team comes into play — helping you navigate the financial and operational aspects of starting up your business and watching it grow.
If you are pondering if you should start the journey as a business owner or you’re wondering where to start with creating the business you’ve always wanted, we have the resources and expertise to guide you along the way.
Laying the Foundation For Success
Before you can officially open the doors to your business, it’s essential to have a plan in place.
Our team of experts deal with these types of situations daily and work with you to personally guide you through the key steps needed to be made.
That includes:
Creating a Business Plan — A well-structured business plan helps you outline goals, strategies and financial projections.
Understanding Business Accounts & Services — Our NextLevel Business Suite that is tailored to take your business to the next level with services that fit your needs and help you manage cash flow effectively. Learn more.
Financing Options — From startup loans to lines of credit and more, we provide financing solutions that support your business and its growth. Learn more.
SBA 504 Loans to Working Capital Loans, Business Auto Loans, Real Estate Loans and more, we provide financing solutions that support your business and its growth.
Financial Solutions Designed For your Business
Along with building a strong plan and foundation, managing finances is one of the most critical aspects of starting and running a business. SCFCU offers a wide range of financial services to keep your operations running smoothly, including:
NextLevel Business Suite — Our uncommonly good business products help you take your business to the NextLevel, including our business checking and savings accounts, Business Certificates (CDs) and Money Market and Business Rewards Credit Cards intended that are here to fit your needs and help you manage cash flow effectively. Learn more.
Business Lending — SCFCU’s award-winning commercial lending team is here to find a loan that is tailored to meet your needs, from SBA 504 Loans to Working Capital Loans, Business Auto Loans, Real Estate Loans and more. Learn more.
Merchant Services — We make it easy for you to collect payments from your customers so you are able to provide the best possible products and member service you can. Learn More.
Cannabis Banking — Elevate your cannabis-related business with our range of specialized banking solutions for a seamless financial journey in an ever-evolving industry. Contact us at 320-252-2634 to learn more.
Guidance Every Step Of The Way
Starting and growing your own business can be overwhelming, but you don’t have to do it alone. SCFCU is your local, trusted financial partner that is here for you every step of the way and our Business Services team is dedicated to offering you personalized support, industry insights and financial guidance tailored to your business’s needs.
Your dream of owning a successful business can be more than just a dream — it is within reach and we are here to help make it happen. Get started today by visiting scfcu.org/business, emailing businessservices@scfcu.org, calling 320-258-2196 or by visiting one of our branch locations.
Resources
Here are some resources as you get started in exploring starting a new business or are looking to learn more about owning a business:
Videos
SCFCU proudly supports the business community in helping those who are looking to start a new business, expand onto their existing business, and more! Below are a few recent examples of SCFCU’s partnership with the business community.
