Business Loans
Get Funded and Grow Your Business
Business Term Loans
Term loans allow business owners to borrow capital at a fixed rate and with an affordable payment term.
Pros
- Quick funding options with fewer requirements
- Fixed payment structure
- Can be used for a wide range of business needs
- Easy to finance larger projects or expansions
Cons
- Shorter-term loans can be expensive
- Interest rates vary depending on FICO
- Potential prepayment penalties
Business Lines of Credit
Line of credit gives business owners access to capital to buy inventory and handle seasonal cash flow gaps.
Pros
- Only pay interest on funds drawn
- Capital is available when needed
- Great way to build business credit
Cons
- Can be harder to qualify for
- Credit cards are viable options but come with higher rates
Equipment Financing
Equipment financing allows business owners to lease or purchase equipment for their business needs.
Pros
- Quick funding times for equipment purchases
- Equipment can serve as collateral for the loan
- Affordable interest rates and longer terms
- Limited paperwork and easier to qualify for
Cons
- Equipment can depreciate by the time the loan is paid off
- May require a down payment
- Terms may vary depend on equipment type
Let's Do Business!
We pride ourselves on our client relationships and offering the right solutions.
