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Business Auto Loans

Get Pre-Approved for an Auto Loan Today!

Get Started

The Power of Pre-Approval

There are so many options- how do you know if you are getting a great deal? Getting pre-approved for your auto loan BEFORE you buy lets you know what loan interest rate and term for which you qualify. Having a pre-approval gives you bargaining power when shopping at a dealership. So, why NOT take the 5-minutes to apply online NOW for a low-rate auto loan with Your NC Community Credit Union!

If you are seeking to purchase a new or used vehicle or are considering a refinance of your current auto loan to achieve a lower interest rate and monthly payment, let us see if we can help save you money! At Your NC Community Credit Union, we provide the same competitive auto loans you find at a big bank combined with the personal service that can only be found at a local institution.

Once you submit your application, a member of our team will contact you directly regarding the status of your loan within 1 business day.

Are You Seeking To Purchase A New Or Used Vehicle Through Your Business?

We can help!

At Your NC Community Credit Union, we provide the same competitive auto loans you find at a big bank combined with the personal service that can only be found at a local institution. Typically, to consider an auto loan for financing in a business name, we will ask for personal and business tax returns from the most recent two years along with year-to-date financial statements detailing profit and loss.

Get Started! Apply Online

Completing the online application below provides us with the preliminary information that we need to determine your qualifications for an auto loan through your business. Once you have completed your application, a member of our team will contact you within one business day with further instructions. For business loans, both a personal and business credit report are pulled and considered in the credit decision. Let us give you the opportunity to get your auto loan pre-approved at a low rate! Take the 5 minutes to get started online now!

Get Pre-Approved

Get Advice from Your Tax Professional

Get advice from your tax professional regarding any potential drawbacks or “plus”es when considering financing a vehicle in your company name. It may be wise financial move for you and your business.

Getting pre-approved for your auto loan BEFORE you buy lets you know what loan interest rate and term for which you qualify. Having a pre-approval gives you bargaining power when shopping at a dealership. So, why NOT take the 5-minutes to apply online NOW for a low-rate auto loan with Your NC Community Credit Union!

Check Your Vehicles Value

Most lenders, including our team at NC Community Credit Union, use NADA guides to determine the value of your vehicle and how much we are able to lend for it. We lend a percentage of a vehicle’s NADA Clean Retail value; the percentage of that value that we lend depends upon your creditworthiness, as well as the age of the vehicle.

Use NADA to check your vehicle’s value now.

What's my car worth?

Shop Our Rates

The interest rate you pay greatly affects your overall cost for your vehicle, so don’t get stuck paying too much. We finance new vehicles as low as 3.99% APR and used vehicles as low as 4.29% APR. To assign your rate, we look at things like your credit score, overall debt-to-income ratio, the loan-to-value of the vehicle you are purchasing and your employment history (longevity in a job OR same line of work for an extended period of time).

Auto Loan Rates

MODEL YEARSTERM OFFERED
(Months)		RATE AS LOW AS
(APR*)
New, 2022-202324-484.84%
49-605.04%
61-665.24%
67-725.54%
73-846.04%
Pre-Owned, 2015-202124-485.04%
49-605.24%
61-665.44%
67-725.74%
73-846.24%

*APR is the abbreviation for annual percentage rate.
** "AS LOW AS" loan rates may be adjusted based on credit performance and loan to value; additional terms may apply. All rates subject to change without notice. Maximum rate is 18.00%.

What Happens After I Submit My Auto Loan Application?

Once you submit your application, a member of our team will contact you directly regarding the status of your loan within 1 business day. Please gather your most recent 2 years’ tax returns for yourself and your business (can be combined) as well as a year-to-date profit and loss statement for the current tax year. Our underwriter will require these items prior to final decisioning of your application. Both a personal and business credit report are required on any loans being done in a business name.

Apply Now!