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

Good banking requires attention to detail. Great banking grows out of caring for the customer and community. West Gate Bank is a wonderful example of both. As our bank, they do a superb job of managing our accounts, processing our payroll, and keeping us up to date with the latest features, cost-saving breaks, and legal compliance. But their commitment goes way beyond: West Gate Bank managers and employees volunteer at our events, come to visit us and see how we're doing, and help promote our mission through service and support. We could not ask for a better hometown bank. Thank you, West Gate Bank!
— Clayton Naff, Executive Director, Lincoln Literacy

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