Business Term Loans

If your business needs to purchase fixed assets, such as equipment, or fund tenant improvements, a term loan can provide financing for these longer-term expenses. The term of the loan will depend on the use of the proceeds and is typically determined by the longevity of the assets being financed.

Features

  • Loan is repaid via periodic payments over a specified period of time
  • Typically secured by the assets being financed

Testimonial

We owe a great deal of gratitude to our personal lender and the services at West Gate Bank. They came to our rescue at a critical point in our company's recent past. Not only did they provide the lending and critical financial services we needed at the time, they continue to be an integral partner in maintaining our success with their constant nurture. Their support, business acumen, and generous helpful advice have been key in our company's accomplishments in an unquestionably challenging economic environment.
— Ted Eschliman, Co-owner, Dietze Music

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