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  1. Commercial Home
  2. Loans

Loans

The boost to help your business grow.

Commercial Term Loan

OVERVIEW

  • Use for inventory financing, equipment purchases or property improvements
  • Flexible rate and terms to fit your needs
  • Fixed payment each month
  • No prepayment penalties

A GOOD OPTION IF:

  • You’re trying to grow or expand your business
  • You prefer a predictable monthly payment for budgeting
  • Trade-off: Repayment schedule, interest rate, and term cannot be changed

Read More

Email the Commercial Team

Or Call 1-317-276-2105

Business Line of Credit

OVERVIEW

  • Bridge the gaps between accounts receivable and accounts payable
  • Easy access to funds when you need them
  • Pay interest only on funds drawn
  • No collateral needed and no penalty for prepayment

A GOOD OPTION IF:

  • You need help meeting short-term cash flow needs
  • You want a revolving credit line that allows funds to be borrowed, repaid and borrowed again
  • Trade-off: Interest rate is generally higher than a loan secured with collateral

Read More

Email the Commercial Team

Or Call 1-317-276-2105