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What are Business Term Loans?

Business Loans term
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What are Business Term Loans?

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INNOVATIVE BANK’s lending professionals take the time to understand your business needs. We can help you choose the financing options that will help you reach your long-term goals. Terms and conditions are established on a case-by-case basis. Term Loan INNOVATIVE BANK offers term loans for a variety of needs with repayment terms of up to 7 years. • Working capital • Equipment, machinery, or inventory purchases • Business acquisitions (Business Purchase Loan) • Renovate facilities • Refinance existing debts (business related) Terms and conditions are established on a case-by-case basis. Contact your nearest INNOVATIVE BANK branch for further details and application requirements. Commercial Real Estate Loan INNOVATIVE Bank offers fixed & variable rate of acquisition or refinance of commercial and multi-family properties. Commercial Line of Credit What are Business Lines of Credit? A line of credit is designed to supplement your cash flow and allow you to take advantage of new opportuniti

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