Business Loans

Business Loans and Other Business Products

Loans for your Business

Big Savings on Rates and Fees!

Save big on interest and closing costs with the following business Loans:

Loan Types

  • Commercial Real Estate
  • Equipment
  • Business Vehicle
  • Line of Credit
  • Business VISA Cards


  • Great Rates
  • Low Fees
  • Local decision making

We cater to Small Businesses such as yours! Call 801-288-3070 and schedule an appointment with one of our Business Loan Experts today.

Woman working at a table in her new business.

For current rates please contact our Business Department at 801-288-3070.

Commercial Real Estate

Remodeled store front buildings

For current rates please contact our Business Department at 801-288-3070.

Commercial Real Estate Lending

Loans for Your Business

Save big on interest and closing costs with a Commercial Business Loan at Granite Credit Union. We cater to Small Businesses.

Benefits of a Commercial Real Estate Loan at Granite Credit Union:

  • We have great rates.
  • We keep closing costs at a minimum.
  • Local decision making.

Equipment and Vehicle Loans

Equipment and Vehicle Loans

Keeping Up with Technology

When you just can’t get any more out of your old equipment consider a Granite Credit Union equipment loan. It never hurts to shop for rates but we think you’ll find the best rates right here at your credit union.

Business Vehicles

We know that truck has made you a lot of money but sometimes a new one may be more economical than keeping the old one running another year. You’ll love our Business Vehicle rates.

Great Rates

Our members are used to getting great rates on their vehicle loans. You can get the same great rates for your Equipment and Business Vehicle Loans.

  • Terms up to 10 years.
  • On terms up to 60 months we’ll match our consumer rates.

For current rates please contact our Business Department at 801-288-3070.

Young woman driving a front end loader

To learn more about our business loans call our business department at 801-288-3070 or call our business loan expert, Brian Frandsen at 801-288-3034.

Business Vehicle Loans

Loan Term
TypeAPR as low as
Effective Date - 08/01/2019TypeAPR as low as
60 MonthsFixed3.49%
72 MonthsFixed3.74%
84 MonthsFixed4.74%
60 MonthsVariable3.74%
72 MonthsVariable3.99%
84 MonthsVariable4.74%
APR is Annual Percentage Rate. Loans offered on approved credit, not all members will qualify.

Your rate may vary based on your credit score and the credit union services you use. Rates and terms are subject to change. The credit union may offer other rates and terms or amend the rates and terms contained in this schedule from time to time.

On Variable Rate loans the index is based on the “U.S. Prime Rate” as listed in the “Money Section of the Wall Street Journal on the third Wednesday of March, June, September and December plus a margin to be disclosed in your closing documents. The APR will never be greater than 18.00%.  Any interest rate increase will result in more payments of the same amount until the amount owed has been repaid.

Business VISA Cards

Young business woman paying her bills online with a VISA card

Business Platinum VISA

Rate Type
Effective Date - 08/01/2019TypeAPR
Business Low RateVariable10.99%
Business Rewards
APR is Annual Percentage Rate. All account terms are governed by the Cardholder Agreement. Account and Agreement terms are not guaranteed for any period of time: all terms may change in accordance with the Agreement and applicable laws.

Reward Your Business

Earn Business Account Credits for the First 6 Months!

Open a Business VISA Credit Card before December 31st and start earning rewards! Contact our Business Department for at 801-288-3070 for details.


Here’s how…

Open a Business VISA Credit Card before December 31st.

Make 5 or more qualifying purchases.

Account credit will be deposited to the business checking account every month over the next 6  months. ($100 first month deposit. $50 deposit every month for the next 5 months).


*Qualifying purchases include credit purchases posted to the business Visa loan for the first 6 months from open date; including online purchases, and phone or mail-order purchases. Minimum of 5 transactions totaling $1000 per month. Cash Advances do not qualify.

Account credits will be deposited to the business checking account. Business Visa must be open through December 31, 2018 to receive credit. Offer valid only on Business Visa card. Promotion is not valid where prohibited by law. Subject to change without notice. Other conditions may apply. Contact our Business Department for details today!

Business Loan Professional

Brian is our Business Loan Professional

Call someone with the Business Lending Experience You Need

Brian has been helping businesses for the past 15 years. Give him a call today and let him save you some money on your next loan.

Business lending professional Brian F.

Brian Frandsen

AVP Commercial Lending

Commercial Construction Loans

Contractors shaking hands at new home construction site

Are you a builder looking for a line of credit on pre-sold homes?

At Granite Credit Union we offer Construction Loans with competitive rates.

  • Local underwriting and approval process
  • Fixed interest rate for the term of the loan
  • Low closing costs
  • 1% origination fee
  • Monthly interest only payments with principal due at maturity
  • Draws are processed in-house within 48 hrs
  • Lien waiver checks issued on construction draws

Call our Construction Loan Specialist today!

Brian Frandsen
AVP Commercial Lending