Park Place Equity is a division of Northwest Federal Credit Union and a direct SBA/ USDA lender.
Park Place Equity has been acquired by Northwest Federal Credit Union, a $2.5 billion dollar institution with the goal of becoming a top tier SBA & USDA guaranteed lender. Park Place Equity will finance businesses across different industries, from professionals such as doctors and veterinarians to funeral homes, hotels, marinas and other single purposes industries.
Park Place Equity welcomes the opportunity to review applications for start up companies, turnaround companies, stabilized & matures businesses. Each situation demands a unique commercial financing solution and Park Place Equity has built its reputation by providing a certainty of execution in an uncertain commercial lending environment.
Park Place has and will always honor and service our clients and members with the highest degree of integrity. Developing trust and credibility with our members is crucial to growing our balance sheet and maintaining our track record of success.
Park Place Equity - Division of Northwest Federal provides SBA and USDA guaranteed loans to our members and clients. We are a direct lender that offer the following programs:
SBA 7(a) Guaranteed Loan Program
$250,000 - $5,000,000 loan amounts
Competitive Interest Rates
Flexible Collateral Requirements
Nationwide Footprint
Eligible Purposes include acquisition of new locations or real estate, refinance debt, construction, renovation and working capital
SBA 504 Loan Program
$1,000,000 - $10,000,000 loan amounts
Competitive Interest Rates
Real Estate & Equipment Only
Nationwide Footprint
Eligible Purposes include acquisition of new real estate, construction and/or renovation
USDA Business & Industry Program
$1,000,000 - $10,000,000 Loan Amounts
Competitive Interest Rates
Real Estate & Equipment Only
Rural Areas, typically with populations of 50,000 or less
Eligible Purposes include acquisition of new locations or real estate, refinance debt, construction, renovation and working capital
