Friday, January 30, 2009

Compass Bank Lending Options

Lending Options


Business Line of Credit - secured and unsecured lines from $10,000 and up, with express application process for $50,000 and under requests

Equipment Financing – fixed rate term loans out to 7 years. Longer terms available for qualified equipment

Commercial Real Estate Lending – low, fixed rate financing for Owner-Occupied Commercial Real Estate Loans


Terms out to 20 years with no balloons and up to 85% financing
In-market decision making leverages local market knowledge and quick turnaround

Compass is a Preferred SBA Lender which allows us to offer flexible SBA financing options to eligible borrowers:


7(a) loans are available to assist with new businesses, acquisitions, and expansions
Terms out to 25 years, fixed or variable rates, and up to 100% financing

504 loans are available for long-term financing for major fixed assets, such as land and buildings
Terms from 5 to 20 years are available with low fixed rates and up to 90% financing.


Source: Compass Bank
at 480-598-7564

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