Business CashLine Term Loan

Use:
· The Business CashLine Term Loan offers you financing for business purchases with the security of knowing a fixed payment amount and repayment term. The loan is ideal for permanent working capital or financing business growth.

Loan Amounts:
· Up to $250,000; Minimum $10,000. Some limitations apply based on size and type of business.

Terms:
· Up to 5 years.
· Up to 7 years with SBA Express guarantee.

Interest Rate:
· Adjustable; floating with CB&T's Prime rate. Rate to be determined based on overall risk factors of the applicant.

Loan Fees:
· One-time loan fee of 1% of loan amount
· Late charges will also apply

Other Criteria:
· Business must be profitable.
· Personal guarantees of all principals with 20% or more ownership in the business.
· Acceptable credit histories.
· Business and personal financial information required for credit requests greater than $50,000.
· Collateral required for credit requests greater than $100,000.
· Other limitations apply.