Local businesses need local attention, and that's why we're here. Direct Federal Credit Union has been proudly rooted in the community since 1953 and has always had a commitment to offer market-leading rates on all of our products. We carry that commitment through to our NEW commercial loan products, and along with that commitment we will provide you service like you have not experienced before.
Direct Federal is here to find you the best solution to fit your unique needs. In addition to the Commercial Loan products below, we offer Commercial Real Estate Loans and a full suite of Business Banking products. Talk to our team today to see what we can do for you and your business.
- Working Capital Line of Credit
We understand running a business can be complicated. That's why Direct Federal is here with a tool that allows your business to easily borrow money for day to day operational costs, whenever it is needed.
- Commercial Auto Loans
Some businesses rely on a vehicle. With Direct Federal, you can finance your new commercial vehicle and receive a great rate that will save you money each month.
Vice President, Business Banking
Meet Chris Teachout Or you may already know him.Chris Teachout was born and raised in Needham, MA. He is actively involved in our community, is the Chairman of the Newton Needham Chamber of Commerce, and is committed to helping local businesses thrive. He will deliver a level of service like no other--just ask the hundreds of businesses that have worked with him before. He brings over a decade experience to Direct Federal in Commercial Lending and Business Banking in the Needham area. Whether you need a loan for a 1-4 family investment property, a working capital line for your business, or a new business checking account, he will work with you to ensure your needs are being met. He will be your dedicated point of contact for all of your needs.
Contact Chris today to discuss your business needs. Don’t see exactly what you’re looking for? We have a wide range of Commercial Loan products, Business Banking products, and a popular bank-at-work program. We would love to learn more about your needs and see what we can do for you.