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.