The BizEssentials® Business Term Loan is a great way to purchase new equipment.
A secured or unsecured loan with your choice of a fixed or variable rate, the BizEssentials® Term Loan* is popular for new equipment purchases, which can be eligible for special tax benefits like full depreciation in the first year**.
Secured loan amounts from $25,000 - $3,000,000
Unsecured loan amounts from $25,000 to $500,000
Fixed and variable interest rate options
Flexible terms up to 84 months, depending on collateral***