Whether you need a new vehicle, equipment upgrades, or other purchases, West Shore Bank can help your business stay ahead. Our business term loans offer competitive rates and customized repayment terms.
- Competitive Rates
- Local Processing
- Quick Decisions
What is a business term loan and how does it work?
With a business term loan, you receive a lump sum upfront and then repay what you borrowed, with interest, over a pre-determined length of time. If you choose a fixed interest rate for your business term loan, you’ll pay the same amount each month, making it easy to budget for. Business term loans can be used for a variety of business expenses or assets such as equipment, expansion, inventory, and more.
Apply for a Business Term Loan!
West Shore Bank has been Making a Difference Since 1898. For over a century, West Shore Bank has remained committed to helping the people and businesses along the lakeshore to improve their financial well-being. Visit one of our ten Michigan locations in Ludington, Muskegon, Frankfort, Hart, Manistee, Onekama, Scottville, or Traverse City.
Apply now for a business term loan from the local bank that works hard to support your business! To learn more about your comercial loan options, talk to a business lender today.