NEW YORK. – CU Businesss Capital LLC, a Florida-based business loan CUSO started by Eastern Financial Florida CU, said it is expanding into the New York market with a series of new business lending products. The CUSO’s Small Business Lending Group, will offer business loans, lines of credit, credit card origination, business deposit, ACH guidance, cash management and SBA lending for deals over $500,000. The new operation will initially focus on providing services for its 17 current customer credit unions, including Paragon FCU, in New Jersey; TEG FCU in New York; Freedom FCU in Philadelphia; Springfield Teachers CU in Massachusetts; Langley FCU in Virginia, as well as Jax FCU and Bay Gulf CU in Florida.
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