Term Loans provide a specific amount of credit to purchase assets or meet specific financing need. Term Loans are an excellent source of funding to help meet short term obligations such as payroll and inventory purchases or long-term needs such as computer equipment, vehicles, and other fixed assets or for obtaining permanent working capital. We offer competitive fixed or variable interest rates and terms.

A Proponent representative can work with you to help you choose the exact term loan configuration that's right for your business. Keep in mind that business owners may have to personally guarantee this type of loan.

Click here if you'd like to fill out an online Business Term loan request form and one of our representatives will get back to you within 24 hours.

Click here to find out more about our Business Lines of Credit.