A term loan from BSNB may be the right vehicle to finance your business’s next strategic purchase. Typically, a term loan will be a fixed rate loan over a set time period. This results in a payment that does not fluctuate month to month, making it easier to budget and plan your cash flows.
Why should you consider BSNB?
- Competitive low fixed rates
- A variety of convenient monthly repayment terms to meet virtually any budget
- Expert care and local decisions
A term loan is a smart way to borrow for a number of purchases, including:
- Equipment to improve efficiency or expand production
- Updated or new software
- Furniture and fixtures
- Lease fit-ups
- Commercial vehicles such as trucks, trailers, or excavation equipment
- Buy into a franchise or buy out a competitor
BSNB commercial relationship managers have experience helping businesses from diverse industries finance the purchases that will help them grow and succeed. Our experience and partnerships with government agencies can also be an additional resource to you and your company.
All loans are subject to application and credit approval. Terms and conditions may change at any time.