Term Loan & Equipment
Finance your business expansion and larger purchases with the security of having a predictable repayment schedule. Term loans are ideal for financing permanent working capital, funding business growth opportunities, or purchasing equipment.
Loan Amounts:
Up to $500,000; Minimum $10,000. Some limitations apply based on size and type of business.
Terms:
Up to 7 years, terms may vary depending on purpose of loan
Interest Rate:
Variable; Prime rate plus a margin.
Fixed rates also available, just speak with a CB&T banker.
Loan Fees:
One-time fee of 1% of loan amount
Quick decisions. Easy to apply
For approvals of up to $50,000, all we typically need is your completed application and:
- Three months of bank statements.
- Legal entity documentation
- Purchase order / invoice
For larger credit lines and loans, additional information will be required.
For information on how you can apply today, click here .
All loans and lines of credit are subject to credit approval. Restrictions apply, see banker for details.