Provides short term financing for seasonal, periodic or one time specific needs
Can be structured as single payment note or revolving, annually renewable line of credit
Can be collateralized with business assets, real estate or funds/securities
Advance(s), repayment terms structured to match cash flow needs
Secured Business Term Loans Features
Provides financing for long term business needs including equipment and vehicle purchases, long term working capital, capital/leasehold improvement projects and debt refinance
May be secured by business assets
Advance and maturity structured to match business cash flow and collateral type
May be structured as fixed or variable rate product