First Utah Bank has Term Loans for Utah Businesses
If you need flexible terms and a competitive interest rate, a business term loan may just be the perfect financing option for your business. Term loans provide funding to purchase assets or meet specific financing needs. The loan is based on a predetermined schedule of monthly principal and interest payments. Loan maturities may range from one year to ten years and amortization periods may range from one year to twenty-five years depending upon the purpose of the loan and the nature of the collateral.
Typical Term Loan Types:
- Long-term Working Capital
- Owner Occupied Commercial Real Estate Purchase or Refinance
- Investment Commercial Real Estate Purchase or Refinance
- Large Equipment Purchase
- Commercial Vehicle Purchase
- Business Debt Refinance
- Business Debt Consolidation
- Business Acquisition
Learn how we are Redefining Possible when it comes to Term loans. Talk with one of our business loan officers today.
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Mike Middleton, Vice President
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