Generation Trust Bank offers various types of commercial lending products to accommodate your needs and achieve your short or long-term financial goals. We can help you financing from business acquisition, modernization or other asset purchase.
| COMMERCIAL LOAN | EQUIPMENT LOAN | SMALL BUSINESS EXPRESS LOAN | |
|---|---|---|---|
| Loan Amount |
Starting as low as $10,000 |
Starting as low as $25,000 |
Starting as low as $10,000 |
| Term |
Up to 5 years |
Up to 5 years |
Up to 5 or 7 years depending loan amount |
| Payment Method |
P & I, monthly |
P & I, monthly |
P & I, monthly |
| Pay-out Schedule |
Fully amortized up to 5 or 10 years, depending on loan amount |
Fully amortized up to 5 years |
Fully amortized up to 5 or 7 years, depending on loan amount |
| Use of Proceeds |
Working Capital, Business Purchase or Expansion, Business Asset Purchase, Debt Refinance |
New or used income producing equipment purchase or refinance |
Working Capital, Business Purchase or Expansion, Business Asset Purchase, Debt Refinance |
| Interest Rate Type |
Variable (Indexed to Prime) |
Fixed or Variable (Indexed to Prime) |
Variable (Indexed to Prime) |
| Collateral Requirement |
|
Senior UCC on equipment(s) financed |
UCC on business assets |
| Others |
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