To report a lost or stolen debit or credit card, please call our card services department at 1.800.810.2252. Make sure to keep an eye out on your account and purchases by logging in to your online banking account or the mobile app. If you need to dispute a transaction, let the card services department know when you report your card as lost or stolen. For more information, call 915.778.9221, toll-free at 1.800.772.4328, or chat with us now.
We can help you with commercial equipment financing to replace, upgrade or purchase equipment to support your business.
Benefits of business equipment loans
Options for you: We offer commercial equipment loans1 specifically designed for your business, including medical services, technology services, machinery, construction and more!
Support your business: Use an equipment loan to replace, upgrade or purchase equipment.
Credit union difference: We want to help you reach your financial goals with small business equipment loans starting at $50,000, local decision making, affordable payments, low rates and terms that work for you.
Build equity: You can build equity in your business by purchasing your business equipment with an equipment loan while you increase your investment with each loan payment.
Earn interest: Speak to your tax adviser at the end of the year to determine if you qualify for the interest that you’ve paid to be deducted from your taxes or if it is a depreciation tax benefit.
No prepayment penalties: Pay off your loan before your term ends and enjoy no prepayment penalties.
Borrow with confidence: Our team of professionals can help you find the right commercial loanfor your business.
We’re Here to Answer Your Questions About Business Equipment Loans
When should I consider applying for a commercial equipment loan?
You should consider applying for an equipment loan when you are thinking of replacing, upgrading or purchasing new equipment for your business. Schedule an appointment with a GECU Business Services representative or call 915.774.4750, toll-free at 1.800.772.4328, ext. 4750.
What documents do I need to provide to apply for a business equipment loan?
You should prepare to bring your business financial statements, such as a balance sheet, income statements and others. Schedule an appointment with a GECU Business Services representative to discuss business equipment financing or call 915.774.4750, toll-free at 1.800.772.4328, ext. 4750.
What terms are available for a commercial equipment loan?
Our equipment loans offer terms that fit your business needs.
Are there fixed and variable interest rates available with a commercial equipment loan?
Yes, we offer fixed and variable interest rates depending on the type of loan that you apply for. To learn more about equipment loans, speak with a business services representative by calling 915.774.4750, toll-free at 1.800.772.4328, ext. 4750.
1All loans are subject to approval. Other conditions apply. Principal business must be located in El Paso County, Hudspeth County or Doña Ana County, not more than 25 miles from our Helen of Troy and Resler location, to be eligible for membership at GECU. Learn more about how you can become a member.