Frequently Asked Questions
Below is a list of our most frequently asked questions. Click on the question to find the answer. If you have additional questions, we’d love to hear from you!
1. Texas Business Lenders Group is a CUSO. What’s that?
A: CUSO stands for a credit union service organization. Credit unions invest capital and resources in CUSOs as a collaborative effort to provide additional services to their members. While legally independent from their credit union owners, CUSOs are essentially extensions of their credit unions.
2. Are non-members able to borrow from TBLG?
A: While Texas Business Lenders Group has the ability to assist non-credit union members, the spirit of our purpose is to dedicate our services to eligible credit union members. Membership eligibility at a credit union may be easier than you think. For your review, we have a list of our participating credit unions on our Home page.
3. Are businesses able to join credit unions?
A: Businesses may become members of most credit unions if they are owned by individuals eligible for membership, or if they are located within 25 miles of a credit union office.
4. In what geographic markets does TBLG make loans?
A: Texas Business Lenders Group primarily focuses on the metropolitan areas served by our credit union owners.
5. What makes a credit union loan better than others
A: Credit unions exist to serve their members, not to reward Wall Street shareholders. Loans from credit unions often have lower costs, longer terms, more flexible options, and are delivered in a highly personalized, friendly manner.