Skip to main content

Building a Network of Commercial & Business Lending Credit Unions!


Credit Union First Responders Finance (CUFR)

THREE WAYS TO JOIN
  • You can be a Referral Credit Union – A structured method for credit unions to refer commercial and business loan requests to lead lenders and generate non-interest income.
  • You can be a Participation Credit Union – Member credit unions will be given the first option on opportunities to buy and sell participations.
  • You can be a Lead Lender Credit Union – The lead lender will be underwriting and funding the pre-screened loan opportunities that meet their policy, procedures, and guidelines.
We create a funnel of opportunities with our credit union collaboration and the First Responder communities find a lending partner they trust!

CONTACT
Murray Halperin
p. 561.393.3770

CU First Responder Finance is a partnership between the National Council of Firefighter Credit Unions, Inc. and Biz Lending & Insurance Center, Inc. (BLIC) Murray Halperin is the Managing Member of njBIZloan Connection, LLC and the founder and President of BLIC. BLIC/njBIZloan specializes in business lending products and services for the credit union industry. Murray has been instrumental in the development of Business Service CUSOs and Member Business Lending (MBL) departments. His background includes 15 years at the Chicago Mercantile Exchange and 22 years in developing business lending, auto, and equipment leasing programs for credit unions.

CU First Responders Finance, LLC (CUFR) provides high-quality business and commercial lending products to your member business owners, investors, associations, volunteer and municipal fire departments nationwide.

This is an exclusive service for member credit unions of the National Council of Firefighter Credit Unions Inc

LOAN PRODUCTS
  • Fire Fighting and other Equipment
  • Fire Trucks and Commercial Vehicles
  • Commercial Real Estate
  • Working Capital
  • Refinance, Acquisitions & Improvements
  • Business Lines of Credit
These programs are designed to develop First Responder Credit Unions that would like to provide business loans to members and prospects but do not have the resources to manage a business lending program.

CUFR provides expertise!

Grant Sheehan CEO
NCOFCU
305-755-3302

Comments

Popular posts from this blog

What Does PTSD in a Firefighter Look Like? A New Brain Scan Can Show You

Link Post-traumatic stress disorder (PTSD) is often described as one of the invisible scars that firefighters and others accumulate after years of dealing with trauma in their jobs. Now the scars are invisible no longer. A new tool—the SPECT scan—is offering a new way for firefighters and others with PTSD to visualize their injuries. SPECT stands for single photon emission computed tomography, and it creates 3-D scans of the patient’s brain that look at blood flow and brain activity, KTLA reports. Those scans can then be used to generate a treatment plan tailored to the specific patient based on the visual effects of PTSD. Retired Firefighter-Paramedic Matthew Fiorenza, a PTSD sufferer, told the station that the scans also help make the illness more tangible. “Looking at a picture of my brain, it just took the stigma out of it,” he told KTLA. “It’s like, okay, I’m not crazy.”  

The Pros and Cons of Tariffs

Since there has been so much discussion on Tariffs, I felt a post would benefit our membership. Grant Sheehan CEO NCOFCU Tariffs 1440 Business & Finance Background A tariff—a word derived from the Arabic arafa, meaning “to make known”— is a tax imposed by a government on goods that are imported or exported . Historically, tariffs have served as a primary source of revenue and a means to protect domestic industries, as they make foreign products more expensive, encouraging consumers to purchase locally produced goods. The tools have a checkered history, famously bolstering US textiles, German steel, Japanese cars, South Korean technology, and more, arguably contributing to major economic downturns like the Great Depression. Tariffs can be specific (a fixed fee per unit) or ad valorem (a percentage of the item's value). Purpose Economically, tariffs aim to protect domestic industries, generate government revenue, and influence trade policy. By imposing taxes on imported goods —wh...

Advice On Winning Over Gen Z In ’25

NEW YORK—As 2025 approaches the close of Q1, how can credit unions win over Gen Z? By tailoring credit rewards for a digital-first generation, a new report recommends. Gen Z is reshaping the workforce and redefining financial behaviors. As of 2024, this generation is poised to surpass Baby Boomers in workforce size and will make up 30% of the workforce by 2030. This rapid growth presents a major opportunity for financial institutions to tap into a younger, digitally native audience with distinct spending habits and financial needs, emphasized a GlobalData report authored by Zachary Johnson, specialist, campaign execution & strategy, financial services at VDX.tv. “Unlike previous generations, Gen Z’s economic journey has been shaped by inflation and delayed career starts due to the pandemic and skyrocketing living costs. These factors have made them highly dependent on credit, with Gen Zers being 23% more likely to own a credit card than Millennials at the same age, and carrying...

Hauptman Announces Changes to NCUA’s Overdraft/NSF Fee Collection

      Hauptman Announces Changes to NCUA’s Overdraft/NSF Fee Collection WASHINGTON, D.C. (March 3, 2025) – To help ensure credit unions can continue to support the needs of Americans struggling with inflation, the National Credit Union Administration will no longer publish overdraft and non-sufficient fund fee income for individual credit unions, Chairman Kyle S. Hauptman announced today. The NCUA will ...

Share Insurance Fund Report Highlights Asset, Income Growth in Q4 2024

      Share Insurance Fund Report Highlights Asset, Income Growth in Q4 2024 ALEXANDRIA, Va. (Feb. 27, 2025) – The National Credit Union Administration Board held its second open meeting of 2025 and received a briefing by the Chief Financial Officer on the performance of the National Credit Union Share Insurance Fund for the quarter ending on December 31, 2024. The Share Insurance Fund reported a net income of ...