Commercial Term Loan OVERVIEW Use for inventory financing, equipment purchases or property improvements Flexible rate and terms to fit your needs Fixed payment each month No prepayment penalties A GOOD OPTION IF: You’re trying to grow or expand your business You prefer a predictable monthly payment for budgeting Trade-off: Repayment schedule, interest rate, and term cannot be changed Read More Email the Business Team Or Call 1-317-276-2105
Commercial Real Estate Loan OVERVIEW Finance all types of commercial-use properties Variety of repayment terms No prepayment penalties A GOOD OPTION IF: You want to be your own landlord Read More Email the Business Team Or Call 1-317-276-2105
Business Line of Credit OVERVIEW Bridge the gaps between accounts receivable and accounts payable Easy access to funds when you need them Pay interest only on funds drawn No collateral needed and no penalty for prepayment A GOOD OPTION IF: You need help meeting short-term cash flow needs You want a revolving credit line that allows funds to be borrowed, repaid and borrowed again Trade-off: Interest rate is generally higher than a loan secured with collateral Read More Email the Business Team Or Call 1-317-276-2105
