FOR BUSINESS LINES OF CREDIT UP TO $50,000 AND TERM LOANS UP TO $175,000.
BUSINESS ACCESS LINE OF CREDIT[cite::308::cite]
This is an unsecured revolving line of credit that provides a flexible option for meeting short-term cash flow needs caused by seasonality of business or by timing differences between payments and receivables.
- $150 annual fee
- Credit line amounts from $5,000 - $50,000
- Up to 36-month term
- Outstanding loan balances may be applied toward the borrower’s checking account monthly service fee waiver
- Online Banking payments[cite::323::cite]
LEARN MORE
BUSINESS ACCESS TERM LOAN[cite::308::cite]
This loan provides fixed-rate financing with predictable monthly payments for the purchase of equipment, machinery or vehicles.
- $150 origination fee
- Loan amounts from $5,000 - $175,000
- Up to 60-month term
- Loan funds may be disbursed directly to the seller of the equipment, machinery or vehicle
- Outstanding loan balances may be applied toward the borrower’s checking account monthly service fee waiver[cite::323::cite]
REASONS WHY YOU NEED A BUSINESS LOAN
BEFORE YOU APPLY ONLINE, YOU WILL NEED:
- To be an authorized owner of the business
- To be at least 18 years old
- To be a business located in Arizona
- Your Social Security Number
- Your Employer Identification Number (EIN) - if applicable
- An email address for all individuals with 20% ownership in the business[cite::309::cite]
- The average balance on your business bank accounts
- The total debt and monthly debt payments for the business
- The revenue and income information of the business