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BizEssentials Business Term Loan

The BizEssentials® Business Term Loan is a great way to purchase new equipment.

A secured or unsecured loan with your choice of a fixed or variable rate, the BizEssentials® Term Loan* is popular for new equipment purchases, which can be eligible for special tax benefits like full depreciation in the first year**.

Product Features

  • Secured loan amounts from $25,000 - $3,000,000
  • Unsecured loan amounts from $25,000 to $500,000
  • Fixed and variable interest rate options
  • Flexible terms up to 84 months, depending on collateral***

Product Benefits

  • Potential tax savings**
  • Multiple payment options
  • Secured and fully-amortized

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