Community Business Lenders

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Community Business Lenders ( CBL ) was founded on Feb. 1, 2005, in order to provide Iowa credit unions with the resources and third-party support to offer member business loans to small business owners and individuals who are eligible for credit union membership. Through our vision, "Building stronger communities - one business at a time, " CBL strives to strengthen Iowa's credit unions, businesses and communities.CBL is an Iowa-based, for-profit company that is open to all Iowa credit unions and is owned by the Iowa Credit Union League of Des Moines, and two Central Iowa credit Unions - Community Choice Credit Union of Johnston, and MEMBERS1st Community Credit Union of Marshalltown. CBL's services include underwriting, documenting, closing and servicing loans as well as facilitating loan participations.CBL offers Iowa businesses and individuals a wide variety of member business loans that include both term and revolving lines of credit. CBL will work with credit unions and borrowers to ensure the loan participation process is completed successfully. The following types of loans are offered by CBL: