Term Loans
A flexible loan for a fixed period to cover the things you need to do business.
Finance equipment purchases, acquire or improve a commercial property, and more.
Features & Benefits:
- A loan amortized over a fixed period and can vary from being intermediate to a long-term loan, determined case-by-case
- Can be used to amortize working capital
- Adjustable rate1
- Written secured or unsecured depending on your situation
1The interest rate is adjustable, based on the Prime Rate as published in the Wall Street Journal plus a margin. In each case, the margin added is determined based on what is appropriate for the transaction risk, customer relationship, and current market conditions. Fees may be included for loan documentation, attorney fees, and other appropriate compensation.
APPLY FOR A TERM LOAN FROM MARBLEHEAD BANK.
Our local bankers will tailor your loan to your business needs.
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RESOURCES
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