Member Business Lending

Member Business Lending (MBL) refers to loans that a credit union provides to its members for business purposes, such as starting or expanding a company. These loans help members grow their businesses by offering financial support tailored to their needs. MBL involves careful assessment of the business plan and financial health of the borrower, ensuring the loan is manageable and beneficial. It promotes economic development within the community by enabling small and medium-sized businesses to access necessary funding, all while maintaining the credit union’s responsibility to manage risk effectively.