Business Term Loans

Term loans are a great way to finance major expenditures. Term loans are commonly used for:

• Purchases of machinery, equipment, furniture, fixtures, and to make leasehold improvements
• Additions to long-term working capital
• Expansion or modernization of facilities
• Vehicles or other business transportation

The source of repayment is often generated by the enhanced cash flow from these assets. The loan period is determined by the productive life of the assets. For example, loans used to buy computers and office equipment will be shorter in duration than those used to purchase manufacturing equipment.

Contact a business loan officer today at 800-562-8130 or 253-383-2016, or use our easy email form and an officer will contact you with options that will work for you.