Flex Line Term Loans
Maximize your negotiating power and minimize interest costs – with our Flex Line Term Loan.
If you have big purchases on the horizon, set yourself up for success with our Flex Line Term Loan. This non-revolving line of credit gives you a drawdown period of up to 12 months, so you can negotiate the best deal knowing your financing is already approved – and you can minimize interest costs by using your funds only when you're ready to buy. At maturity, the balance converts to a fully amortized loan with a term of up to five years.
This innovative financing solution secured by new or used equipment or vehicles, cash, general assets, or real estate offers:
- Loan amounts from $10,000 to $750,000
- A 12-month draw period with interest-only payments
- A loan term up to five years with principal + interest payments
- A choice of variable or fixed rate
- Competitive pricing and no closing costs
- A discounted rate when you use our Automatic Payment Option
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