Term Loan Features
- Fixed interest rates
- Flexible loan terms
- Predictable monthly payment
- Unsecured and secured loan options
- Collateral typically includes equipment and other business assets
Term Loans
A Rivermark business term loan is a great way to finance the capital you need. Use it to purchase tools, equipment, and machinery to scale your business or consolidate debt. A business term loan provides the advantages of locking in your rate and monthly payment so that you may set a fixed budget for your financing needs.
- Business Term Loans are for loan amounts of $100,000 or less;
- Commercial Term Loans are for loan amounts of $100,001 or more.
If you're interested in applying for a term loan, please make an appointment or contact us.
Contact our Business Team Term Loan CalculatorTerm Loan Uses
- Consolidating debt to lower payments and reduce interest expense
- Expanding business operations
- Replacing outdated equipment
- Taking advantage of tax benefits
