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Equipment Term Loans
With our equipment term loans, your business can finance the acquisition of equipment from vehicles to heavy machinery and computers with a fixed repayment schedule.
Term loan[cite::108::cite] financing is one of several ways to finance the acquisition of the equipment you need to run your business, especially if the equipment has a longer than average useful life. Whether it’s heavy machinery, computers or business vehicles, California Bank & Trust offers competitive fixed and variable rate financing programs that can help you and your business get the equipment you need. Plus, you’ll get the security of having a fixed repayment schedule that affords your business greater security and predictability.
For equipment borrowing needs under $100,000, you can get a same-day decision and next-day business funding[cite::109::cite] thanks to streamlined financing with our Business Access application term loan.
To apply for a Business Access term loan, simply download the Business Access Application and complete, print and sign it. Then return it to a branch near you or contact a local banker at (800) 355-0507.
If your equipment acquisition needs exceed $100,000, our lending professionals can provide expertise on how best to use term loan financing to achieve your goals.
CB&T also offers leasing options to finance your equipment acquisition needs.