Business Loans
Capital That Opens Doors
Deseret First delivers competitive rates, transparent fees, and Utah‑based underwriters. We’re more than a lender; we’re a partner who helps you achieve your goals while protecting your bottom line.
Commercial Real Estate Loans
Own the Space That Elevates Your Impact
Whether you’re buying an office, warehouse, or retail location, our Commercial Real Estate Loans give you the flexibility to grow where your business already thrives. We offer up to 90% LTV financing, loan terms up to 30 years, and both fixed and adjustable rates.
Our approach goes beyond rent rolls or balance sheets—we consider your growth potential, community reputation, and leadership stability. Borrow with tailored amortization schedules, or refinance an existing mortgage to lower payments and free up cash flow.
Our in-house underwriting and approval team oversee an efficient loan process to close your loan as quickly as possible.
Put down roots where your customers and employees already thrive.
Commercial Construction Loans
Build From the Ground Up—One Simple Closing
From blueprint to ribbon‑cutting, our one‑time‑close construction loan funds land purchases, ground‑up builds, or major remodels. Timely draws help contractors stay on schedule—and a one-time close helps you save on closing costs.
Interest‑only during construction
(Typically 12–18 months).
Dedicated construction officer
Coordinates inspections and draw approvals.
Focus on progress, not paperwork, while we handle funding logistics.
Equipment Loans
Upgrade Tools, Trucks, or Tech Without Draining Cash Flow
When it’s time to modernize, our Equipment Loans make it simple to finance new tools, vehicles, or technology.
We offer flexible terms aligned with the expected lifespan of your assets. Fixed rates help keep budgets predictable. Bundle multiple purchases into one simple monthly payment for easier budgeting and less accounting clutter.
Upgrade confidently while maintaining your reserves.
Business Auto Loans
Keep Your Fleet Rolling—From Sedans to Service Trucks
Your vehicles are a reflection of your business—and keeping them reliable shouldn’t come at a premium. Our Business Auto Loans offer rates typically 1%–2% lower than dealership commercial financing, with terms of up to 84 months.
Finance new or used vehicles, or refinance existing loans to save more. We also make it easy to include upfits like racks, wraps, or refrigeration directly in the loan. GAP and extended-warranty options protect your investment, and in-house title processing ensures a faster DMV turnaround.
Reliable vehicles mean reliable deliveries and dependable service.
Business Lines of Credit
Flexible Funds for Seasonal Swings
A revolving line of credit provides working capital exactly when you need it—payroll before customer payments arrive, inventory ahead of holidays, or immediate funding for other expenses.
Credit lines from $25k to $500k+
Interest only on what you draw.
Variable rates often lower than commercial credit‑card APRs
Annual renewal with quick financial update
No full re‑application hassle.
Cash‑flow gaps shrink; opportunity windows widen.
Meet Our Team
At DFCU, business lending is personal. Our local underwriting and servicing mean approvals happen in quickly—and when questions arise, you’ll talk with a real person who understands your business. We take the time to understand your industry—whether you’re managing cash flow cycles, payroll complexities, or nonprofit funding requirements. Our lending process is built on transparency, with no hidden documentation or facility fees. And because we’re focused on relationships, not quotas, our lenders check in annually to review your rates, raise limits, or identify potential savings that support your growth.
Brady Smith
Vice President, Business Services
Ryley Broadhead
Business Deposit Officer
Alec Stump
Business Relationship Officer
Ready to Fund the Next Chapter of Your Business?
Schedule a 20‑minute consult today and join organizations statewide that trust Deseret First for honest, purpose‑driven business financing.
Become a Member Today
Become a Member Today
Church members and immediate family members can join the credit union.
APR = Annual Percentage Rate. Rates effective today and subject to change. Approval, rate, and term depend on creditworthiness, collateral, and financial performance. Membership and eligibility required.