The Bank of Kentucky offers a wide range of Commercial term loans, also known as installment loans, with competitive financing designed to meet the needs of large or small businesses, individuals, partnerships, and corporations.
Term loans are a fast and easy way to finance all, or a portion of your business needs.
- Business start-up or acquisition expenses
- Equipment purchase
- Expansion of your business
- Refinance existing term debt
- Management buy-outs
- Long-term working capital
Amortized: up to 7 years
Rate: fixed or variable
Payments: principal plus interest, interest-only, and balloon
Term loans can be structured a variety of ways to suit your business needs, including SBA 7A loans.
For additional information, or to speak with an experienced commercial loan officer, click here.