Whether you need a new vehicle, equipment upgrades, or other purchases, West Shore Bank can help your business stay ahead. Our business term loans offer competitive rates and customized repayment terms.
Business Term Loans
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Let's come to terms.
We understand Michigan business. Our team can work with you to secure an asset and come to terms that work for you.
Key Features
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Competitive Rates
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Local Processing
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Quick Decisions
What is a Business Term Loan and How Does it Work?
With a business term loan, you receive a lump sum upfront and then repay what you borrowed, with interest, over a pre-determined length of time. If you choose a fixed interest rate for your business term loan, you’ll pay the same amount each month, making it easy to budget for. Business term loans can be used for a variety of business expenses or assets such as equipment, expansion, inventory, and more.
Inquire on a Business Term Loan!
West Shore Bank has been Making a Difference Since 1898. For over a century, West Shore Bank has remained committed to helping the people and businesses along the lakeshore to improve their financial well-being. Visit one of our ten Michigan locations in Ludington, Muskegon, Frankfort, Hart, Manistee, Onekama, Scottville, or Traverse City.
Inquire now for a business term loan from the local bank that works hard to support your business!
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Banking Your Business
Are you looking for quality service with a personalized touch when it comes to your business banking? Compare our commercial checking or savings account to meet the needs of your local businesses.