Business Term Loan

 

Give your business a boost with a Term Loan.

 
  • Take advantage of lower interest rates
  • Longer repayment terms1
  • Build business credit
  • Ideal for acquiring capital assets, equipment, or debt consolidation















































Need a cash-flow fix? Let us help with a Business Term Loan.

Perfect for longer term financial needs, a term loan can give your business a burst of cash flow for expanding operations.
 
IMPORTANT APPLICATION DETAILS TO KNOW:
 
  • Minimum loan amount is $10,000 for a term loan.
  • Applicants need to have been in business for two years or more.
  • Minimum annual business revenue of $100,000 required.
 
 
1 All loans and lines of credit are subject to credit approval and require automatic payment deduction from an Academy Bank business checking account. Origination and annual fees may apply. Payments are based on a predetermined schedule with monthly principal and interest payments.