Business Term Loans

Business Term Loans

Business expenses aren't a matter of if, they're a matter of when. Fortunately, just as soon as when rolls around, fellow local business, Peoples National Bank, is ready to deliver customized lending to address those needs.

We'll work closely with your business to secure a competitive rate and budget-friendly repayment terms for equipment, inventory, working capital, seasonal fluctuations, and much more. We offer both Business Term Loans and Lines of Credit to address different short-term and ongoing needs.

Summary
  • Competitive rates for a wide range of everyday business needs, including:
  • Equipment
  • Expansion
  • Remodeling projects
  • Inventory
  • Working capital
  • And much more
  • Repayment customized based on your business's unique needs
  • Local decision-making and processing
  • Personalized service that aligns our offerings with your needs
Operating Lines of Credit
  • Competitive rates and adjustable credit limit to address a wide range of business needs:
  • Seasonal fluctuations
  • Inventory
  • Capitalize on trade discounts
  • Working capital
  • Ongoing updates
  • And much more
  • Provides greater financial flexibility
  • Repayment customized based on your business's unique needs
  • Funds available right as you need them; apply once then use again when needed thereafter
  • Revolving credit – as principal is repaid, more becomes available for use
  • Only pay interest on the part that's used*
  • Local decision-making and processing
  • Personalized service that aligns our offerings with your needs

* Consult a tax advisor.