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NFCU BLOC question Help

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trboda92
Established Member

NFCU BLOC question Help

I recall thread on here a while back where a gentlemen went through many Q&A's with NFCU Business dept.

 

In that Q&A it was stated that there is a BLOC avail for as much as 10Mill. This ofcourse is a different product then the (BCLOC) BUsiness checking LOC which capps at 15K.

 

My question is does anyone here have a BLOC from NFCU if you do How do you apply for such product?

 

I downloaded the app on the business side and it only shows four options.

  • Term Loan
  • Vehichle Loan
  • Credit card
  • BCLOC (Business Checking LOC max 15K)

However the regular BLOC shows nowhere. I know you can apply for a combined 50K via the application inclusive of the four options shown above. Does anyone know if you can possibly apply for a Vehichle loan worth 10K and get the difference of 40K as a general BLOC?

 

I searched around but couldnt find many answers about NFCU BLOC product. Infact even if you go on their website there is no mention of a BLOC product only the BCLOC.

 

Thanks in advance and hopefully this will help a few others as well.

 

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