small business loan alternatives

Why a Small Business Loan Can Be a Smart Option

A Small Business Loan is more than a line on your credit report: it’s a smart investment in your business’ future. There are many benefits to getting a small business loan for your business today. The best business loans fuel growth for your business without any hassle, so you have financial flexibility for your daily operations. A loan helps you cover expenses that not only keep your business running but can help you grow and expand. Whether you need to hire more employees or a short-term cash infusion to cover taxes.

 

How Equipment Financing Loans Can Work for You

We know sometimes getting the right equipment for your business may require additional working capital. Our equipment financing loans help businesses get the equipment they need.

Business Advantage Credit Line:

An unsecured line of credit

  • Use whenever funds are needed
  • Competitive interest rates
  • No collateral required
  • Monthly payments based on your balance

Business Advantage Term Loan

An unsecured term loan

  • Receive funds as a one-time lump sum
  • Competitive interest rates
  • No collateral required
  • Fixed payments over the life of loan

More Small Business Loans

We’ll help you get the financing you need with fast loan processing times and flexible terms. Here are some alternate small business loans you can receive:

Commercial Real Estate

Purchase the land or buildings your business needs as it grows. Leverage your equity and invest in your business.

Loan amount: From $750,000
Interest rate: As low as 3.00%
Loan terms: Up to 10 years (with balloon payment); Up to 15 years (with full amortization)

Qualifications: Minimum 2 years in business under existing ownership; minimum $250,000 in annual revenue.

Equipment Loans

Equip your business with the tools and machinery it needs to get work done.

Loan amount: From $25,000
Interest rate: As low as 3.00%
Loan terms: Up to 5 years (when secured by business assets)

Qualifications: Minimum 2 years in business under existing ownership; minimum $250,000 in annual revenue.

 

Reach out to a Premier Business Lending Specialist for more info on how you can receive a small business loan for your company, at the best rates!