As businesses navigate the financial world, partnering with the right financial institution is important for success. Dover Federal Credit Union (DFCU) is honored to support businesses of all sizes, offering a vast array of commercial lending products and services designed specifically to serve the unique needs that are specific to each and every business. Here are three ways Dover Federal can assist in taking your business to the next level:
- High Yield Money Market Rates Maximizing Returns
Savvy businesses understand the importance of making the most out of their cash reserves. Dover Federal Credit Union offers a highly competitive 4% APY* money market account, providing businesses with a great way to maximize returns on their savings. This high yield interest rate ensures that a company can grow their funds more rapidly than with traditional savings accounts while keeping funds easily accessible in case they are quickly needed.
- Business Credit Cards: Fueling Growth with Financial Flexibility
One of the cornerstones of DFCU's commitment to helping a company succeed can be found in the Cash Back credit card product line. These cards are a safe and convenient payment option but they also serve as a tool for managing expenses and earning valuable cash back rewards. Having access to a line of credit has never been more affordable with features such as:
- Customizable credit limits
- Rates as low as 11.74% APR^
- An easy to use rewards programs
- No annual fee
- Mastercard ID theft protection
- Commercial Diversity Lending Program: Fostering Inclusive Growth
Today’s business world thrives when there is diversity in the products offered, the services provided as well as the businesses which are owned by minorities and serving our communities. Dover Federal Credit Union recognizes the importance of diversity in today’s business world and has developed the Commercial Diversity Lending Program. This program is designed to provide fair and inclusive access to financing for businesses owned by minorities, women, veterans, and other underrepresented groups. By giving newer and smaller businesses an opportunity to grow and develop with a minimum $10,000 line of credit or credit card, this lending program is a testament to the credit union's commitment to inclusivity and ensuring that all businesses have the opportunity to reach their full potential.
Dover Federal Credit Union continues to stand as a reliable partner for businesses. From the financial flexibility offered by having a DFCU business credit card to the inclusivity in the Commercial Diversity Lending Program as well as the lucrative money market account, DFCU equips with the tools to be successful. Experience the Dover Federal difference!
Visit doverfcu.com or email commercial@doverfcu.com to speak with a dedicated business specialist!
*APY is Annual Percentage Yield and is accurate as of November 1, 2023. Rates subject to change. Terms & Conditions apply. See Credit Union for more details.
^Variable rate as low as 11.74% APR. Terms and conditions apply. See credit union for details.