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Home Page > Community : CREDIT UNION’S INNOVATIVE APPROACH TO COMMERCIAL REAL ESTATE SERVICES GIVES LOCAL BUSINESSES NEW OPTIONS  
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Toyota of Melbourne
MEMBERS ONLY SALE
May 15 - May 18, 2008
Thurs-Sat: 9:30 am - 7:30 pm
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Monday, May 12, 2008 at 4:30 pm
Merritt Island SCCU branch
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Wednesday, June 11 at 4:30 pm
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CREDIT UNION’S INNOVATIVE APPROACH TO COMMERCIAL REAL ESTATE SERVICES GIVES LOCAL BUSINESSES NEW OPTIONS
Exclusive concept benefits both lease and purchase customers

[MELBOURNE, FL] [DAYTONA, FL] – Space Coast Credit Union announced that it has further enhanced its Commercial Real Estate services with the addition of a Commercial Real Estate Rebate option. With this new offering, the credit union’s business members can receive a rebate equal to 20% of the commission earned by a broker for a lease or purchase transaction. This rebate means that the business can offset up to a third of the typical closing costs for commercial purchases. The rebate option can also offset out of pocket costs incurred when leasing commercial or industrial property.

"We saw an emerging need to assist our members given the substantial closing costs associated with commercial real estate," said Bill Jenkins, Space Coast Credit Union's Business Services Manager. "The new commercial real estate rebate represents yet another way SCCU observes and responds to our members' needs."

SCCU is working with Lightle Commercial, Inc., a well-known local Real Estate Brokerage, as the premier Broker for this program. "Brian Lightle has been a vital asset in the development and implementation of this innovative program," says Jenkins. He added, "Brian provided us with invaluable information about the market and how we can best work together to offer the services and savings commercial real estate clients truly need."

"We have enjoyed a great relationship with SCCU for the last five years and are looking forward to participating in the Commercial Real Estate Rebates service they're offering," said Brian Lightle. "This is a great way for their members to take advantage of the outstanding customer service they offer and the experience in commercial real estate that Lightle Commercial, Inc. has to offer."

To be eligible for the rebate, the business member must contact the credit union prior to entering into any relationship or agreement with a broker. "This rebate is part of our overall service approach, and we want the opportunity to meet with the buyer or lessor and have an initial discussion of the best approach to finding a suitable property and financing it," stated Jenkins. "We find ourselves working with many business people who focused on finding the property first, and subsequently have spent a great deal of time and money trying to make the property fit into their plans, instead of spending some time up front to ensure that they focus on finding a property that truly fits into their plans. We can identify many challenges up front and discuss issues that will help avoid problems and costs later on".

Space Coast Credit Union can assist with property purchases or leases anywhere in Florida, as long as the business qualifies for membership. Those living or working in Brevard, Flagler, Indian River, Osceola and Volusia Counties; as well as in Sanford, Lake Mary and Longwood are eligible to join SCCU.

For more information on SCCU’s Commercial Real Estate services and rebates, and to see sample rebates available based on purchase prices, visit the credit union’s web site at www.SCCU.com/business_services or call Bill Jenkins, Business Services, at 321-752-2222 x9663 or williamj@sccu.com.

About Space Coast Credit Union
Space Coast Credit Union is headquartered in Melbourne, Florida with a regional headquarters in Daytona Beach. SCCU serves over 147,000 members with assets of over $1.5 billion through a network of 30 branches and more than 60 ATMs located from Vero Beach to Palm Coast. Space Coast Credit Union is open for membership to anyone who lives or works in Brevard, Flagler, Indian River, Osceola and Volusia Counties and the cities of Sanford, Lake Mary and Longwood. For more information call (321) 752-2222 x9203, or (800) 447-7228 x9203, or visit www.sccu.com. Corporate offices are located at 8045 N. Wickham Road, Melbourne, FL 32940.

Click here to visit Business Services

Corporate Headquarters: Space Coast Credit Union 8045 N. Wickham Road Melbourne, Florida 32940
PH: 321.752.2222 • TF: 800.447.7228
SCCU © 1996 - 2008 Space Coast Credit Union is federally insured by National Credit Union Administration.
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