Dedication to the financial needs and concerns of our member-owners is the cornerstone of Premier America's purpose. Premier America is a full-service financial institution. We offer competitive rates, and our state-of-the-art banking services assure convenient, 24-hour access from anywhere in the country.
Established in 1957 as Litton Employees Federal Credit Union, Premier America Credit Union today is one of the strongest credit unions in the nation, with over $1.5 billion in assets and approximately 87,000 members nationwide.
Premier America Credit Union is committed to providing exceptional service to individuals and small businesses. We offer consumer, business and youth checking and savings accounts; business loans; investment services; high yields on certificates and money market accounts; homeowner’s and auto insurance; home mortgages and auto loans; as well as MasterCard and Visa credit cards.
Our members enjoy free services including internet banking, mobile banking, mobile apps and bill pay. We are proud to serve the communities of Chatsworth, Simi Valley, Thousand Oaks, Valencia, Santa Monica, and Woodland Hills, California as well as Houston, Texas.
Providing custom commercial real estate loans
If you're in the market for financing on retail, office, apartment or multi-use properties turn to the professionals at Premier America. We offer some of the most attractive fixed-rate and variable-rate options for your California commercial or investment property. Premier America delivers customized solutions for Commercial Real Estate Loans from under $1,000,000 to up to $3.5million.
For more information contact James Ritter at 818-772-4146.
Purchases and Refinances
Up to $3,500,000: Larger loans may require one or more participant lenders
LTV: 75% (65% on LT. industrial properties)
Minimum DSCR: 1.20 - Multifamily / 1.25 - Other Commercial Properties
Prepayment Penalty: 3 year 3% Declining
Fixed Interest Rate: Low rates available fixed for 5 or 10 years
Adjustable Interest Rate: Low adjustable rates
Amortization: 25 or 30 Years
Maximum Fixed Term: 10 Years
Property Types: Office, retail, multi-family and light industrial; no construction loans or second mortgages. California properties only.
Generate Capital for Your Business with an SBA Loan
As part of our mission to help businesses thrive, Premier America has a range of lending options including SBA loans. Guaranteed in part by the U.S. government, Small Business Administration (SBA) loans can provide assistance not available with other types of loans and are ideal for small businesses that have limited working capital. The SBA 7(a) loan program can be used for a variety of general business purposes, including:
Acquiring commercial real estate
Securing funding for equipment or expansion
Acquiring a business
Financing a franchise
Refinancing an existing loan
Does your business have big goals? Consider an SBA 7(a) Secured Loan for attractive financing to expand your business.
Low Down Payments
Flexible Repayment Terms
Loans Amounts from $25,000 up to $2 million
Fully Amortized Loans with No Balloon Payments