
Term Loan
Keep pace with the need to purchase capital or finance expansions for growth opportunities.
Term Loan
Keep pace with the need to purchase capital or finance expansions for growth opportunities.
Short-term, long-term or something in between. You decide.
When you need a lump sum of money to expand your business operations or purchase vehicles or equipment, consider a term loan. You'll receive a one-time upfront payment, which you'll repay with interest over a period of several months or years. You can choose a fixed or adjustable interest rate and apply for a short-term, intermediate-term or long-term loan.
Before you decide, talk with an experienced Heartland Bank, a division of German American Bank business banker for help with analyzing your various term and rate options. Our goal is to keep you in control of your payments so you can amortize the principal and interest over a period of time.
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