Small Business Loans
If your business has financing needs for long-term capital investments, or you need working capital to grow, let’s talk! Whatever the scenario, we’re ready to get down to business.
Here are our loan options:
-
Term Loan
Funds for machinery, office equipment or debt consolidation.
Features and Benefits
- Loans offered for 1 to 5 years; longer terms may be available if secured with real estate
- One lump sum advance at closing
- Fixed rate
- Loans from $5,000 up to $500,000
-
Small Business Line of Credit
Get flexibility and quick access to cash for your short-term financing needs. Tapping into your funds is easy. Just write a check from your account or process an advance through Business Online Banking.
Features and Benefits
- Easy application process and fast approval
- Revolving use of funds that you control
- Lines from $10,000 to $500,000
Next Steps
- Download the Small Business Loan Application/Personal Financial Statement.
- For more information contact your local branch or one of our Business Banking Team members.
Requirements: Subject to credit approval. Company must have been in business a minimum of 2 years. Requires automatic deduction of loan payment from a Lakeland Bank business checking account.
