Bank Term Loans
What Are The Advantages Of A Bank Term Loan?
A Bank Term loan has fewer requirements than an SBA loan. It’s a reasonable option for some businesses to get the funds needed to grow. The Bank Term loan offers a fixed rate and low monthly payments. In addition, there are no prepayment penalties if you decide to refinance with an SBA loan later.
Our Bank Term Loans Vary, Offering Loan Amounts Up To $500,000+ (Depending upon credit and revenue criteria)
What Will My Interest Rate Be?
Interest rates for Bank Term loans are fixed and range between 6.00% and 25.00%. The final interest rate offered depends on the credit profile of the business owner(s), the financials of the business, and the term of the loan. Rates, terms and guidelines subject to change with market conditions and without notice.