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
Competitive Rates
Local Processing
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.