Disclaimer: All business loans subject to approval. AOD Federal Credit Union is insured by the NCUA and is an Equal Housing Lender. Loans originated through Nu Direction Lending, LLC. Origination fee may apply, speak with a lender for details.

Now Partnering
With Nu Direction Lending!

AOD Federal Credit Union is here to support our business members with funding and financing options to help you lower monthly payments, consolidate debt, or grow working capital. We are pleased to partner with Nu Direction Lending, a specialty small business lender owned and funded by credit unions and tailored to serve the needs of their business members. If you can answer “yes” to any of these questions, Nu Direction Lending may be right for your business:

  • Do large business debt monthly payments prevent you from reinvesting in your business?  
  • Do variable rates on your existing business debt lead you to unpredictability in your monthly expenses? 
  • Do you have a high interest rate business debt you received through an online lender or a merchant cash advance?
  • Do you have an expansion projection coming up or need an injection of working capital? 

Interested Members May Apply:

Frequently Asked Questions (FAQs)

Nu Direction Lending

Nu Direction Lending, LLC is owned by credit unions and was formed to serve creditworthy small businesses seeking fast, reliable financing. We offer small business loans to members who do not have real estate as collateral. Our unique solution features:

  • Loan amounts between $25,000 – $350,000
  • Quick turnaround time of 5-6 business days from online application to funding
  • Loans are fully amortized for 1-5 years.
What are the eligibility requirements?

Our lending model is focused on helping healthy businesses grow. Eligibility requirements include:

  • Business must have revenue > $150,000 the last twelve months
  • Been in business > 24 months
  • No bankruptcy in past 5 years; No unpaid judgment or liens in past 5 years; No collections, charge off or 90 day+ trade in last 24 months
  • No current delinquencies.
How can I use the proceeds?

You can use your loan proceeds to refinance an existing loan or business credit card debt. Or, you can use your funds to expand, purchase new equipment, or even acquire a new business!

What are the qualifications?

Your business needs to be operating for at least 24 months and currently generating revenue, and located anywhere in the US except Nevada, North Dakota, South Dakota and Vermont. Business owners should be United States Citizens, have good personal credit, and neither the business nor owners should have a bankruptcy filing within the past five years.

How can I get started?

You can apply today through our preferred small business lending partner, Nu Direction Lending. Loan decisions can be rendered in as little as ten minutes and funding can be available in as little as a week.

Is there any up-front commitment?

Nu Direction has no application fee.  We will evaluate your loan request and provide you with a quick decision, and options if you qualify.
Our simple and quick business lending solutions give you fair pricing and the flexibility to meet the funding and financing needs of your business.  Because Nu Direction is owned by local credit unions, you can be sure that you will receive the personalized service and value that you deserve as a credit union member.
To see what products may be available to your business, visit and simply answer a few quick questions – it takes just a few seconds to check eligibility. 

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