Friday, January 30, 2009
Free Small Business Checking at Compass Bank
No minimum balance and no monthly service charge
500 items processed free each month
Free Business Class Online Banking and VISA® Business Check Card
Source: Compass Bank at 480-598-7564
phoenix central news
Compass Bank 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