Commercial Business Loans

COMMERCIAL
BUSINESS LOANS

Abbey partners with Cooperative Business Services to offer our business partners the following types of loan products:

 

Business Loans*

Commercial Real Estate Loans*

Revolving Line of Credit*

 

Revolving Line of Credit*

 

See Business Services & Business Checking Accounts

 

Cooperative Business Services reports a record breaking first quarter, closing $29 million in new business loans.


Cincinnati, Ohio - Cooperative Business Services (CBS) delivers a record setting first quarter, producing $29 million in closed and funded business loans. This accomplishment puts CBS on track to realize a second consecutive year of record loan production volume and overall portfolio growth.


The production success reflects both credit union and CBS sourced transactions. CBS’ portfolio consists of commercial real estate and term business loans, SBA loans, and lines of credit. The average size of a CBS loan is roughly $536,000, and the largest transaction the cooperative has funded is over $9,000,000.


“I am extremely satisfied with our first quarter production, and I am encouraged about the forward momentum that our sales team and partner credit unions are building in the market,” said Keith Reed, CBS’ President/ CEO. “We are working hard to exceed our goals for 2013 and continue to increase the awareness of credit union business lending as a favorable option for business owners in search of financing.”


Even through tough economic times, CBS continues to grow in both number of employees and portfolio size. Over the past two years, CBS created sixteen jobs and increased its lending footprint from five to ten states. On July 1, CBS will celebrate its 10th anniversary in business, another milestone accomplishment for the organization.

 

Cooperative Business Services, LLC


Cooperative Business Services, LLC (CBS-LLC) is a commercial lending service organization serving local communities throughout Ohio, into Indiana and West Virginia, in partnership with Abbey Credit Union. CBS-LLC provides comprehensive business lending solutions designed to meet the needs of growing companies, area professionals, and Abbey Credit Union members.


Cooperative Business Services offers the following types of loan products:


Jessica Odenweller represents the newly expanded Dayton market. Jessica would like the opportunity to introduce herself to you and provide you with some information that may assist you in the financing of some of your properties.


CBS, LLC was formed in 2003 to serve as a commercial lending service organization facilitating the origination, underwriting, closing, servicing, and portfolio management of business loans. The company, in partnership with over 60 credit unions throughout the states of Ohio, Kentucky, Indiana, New Jersey, Tennessee and West Virginia, provides business financing solutions to area small businesses that are eligible to be credit union members. Please visit www.cbscuso.com to learn more about the company and Jessica Odenweller.


*Refer to Abbey Credit Union’s Account Disclosures, Truth in Savings, Loan Eligibility Requirements, Abbey’s Terms and Conditions, and Privacy Rights.

 

 

Testimonials

Many of our members like to share their thoughts and opinions with us and we thought it would be nice to pass it along to you.

 

 

Easy to do business with very helpful and friendly. Wasn't aware I was eligible for membership until a friend advised Miami County residents were. — Flora R.

 

I heard a lot of nice things about the credit union and decided to open an account. They were super helpful. — Katie F.