Business Term Loans *

When you’ve got a sense of exactly how much you will need to fund the next task or goal or refinance current financial obligation, think about a Business Term Loan. With your commercial lending capabilities, you can easily borrow $10,000 or maybe more to get equipment, expand your operations, and more.

Is a continuing business Term Loan Right For Your Business?

You’ve been running a business for 2 years or even more (if less, having an SBA guarantee)

You may need funds to grow operations, purchase gear, or refinance financial obligation.

You’d like predictable payments that are monthly assist you to handle income.

Compare a continuing business Term Loan to your other financial loans

Whatever your financing requirements, we’ve got a solution that is financial is reasonable for your needs. Explore your alternatives by using this comparison chart.

Business Line of Credit Business Term Loan Business Owner-Occupied Commercial Real Estate Mortgages ± Business gear Finance
Great preference For Short-term working money financing needs Financing requires requiring long term to pay Purchase, renovate, or refinance owner occupied commercial real estate Financing equipment and vehicles
Potential Uses
  • Finance accounts receivable
  • Buy stock
  • Help regular cashflow changes
  • Acquire fixed assets
  • Refinance debt that is non-Santander fixed monthly premiums
  • Acquire commercial estate that is real
  • Improve or expand building that is existing
  • Refinance non-Santander current estate debt that is real
  • Acquire automobiles or gear, a number of the qualifying cars and gear consist of medical, construction and agricultural
Available Amounts and Details Revolving lines for quantities beginning at $10,000 Minimum add up to borrow $10,000 Minimum add up to borrow $25,000 Minimum add up to borrow $50,000
Length of Loan Revolving with renewals occurring one per year for credit lines more than $750,000. More