Obtain term financing and expand your operation by acquiring new or used machinery, equipment and other assets. With Inter National Bank’s term financing you can enjoy a fixed rate for the term of the loan, and the collateral can consist of the same asset we help you purchase!
Available for amounts $250,000 and up (Special program available for loans under $250,000 )
Financing up to 80% of the value of the equipment or up to 100% of the value of the deposit
Competitive variable and fixed rates
Amortization periods should not exceed the useful life of the financed asset or five years, whichever is less.
Fixed monthly payments
Satisfactory Credit History
Existing business with 2 full years of business history
Any principal owning 20% and over of the borrowing company should guarantee the credit.
3 most recent years of business and personal tax returns (Borrower and Guarantors)
3 most recent years of business financial statements and interim business financial statements
Current Personal Financial Statements (Download a personal financial statement template here).
Current debt summary schedule for business and guarantor
For development and construction loans, plans and construction budget are required
At Inter National Bank, we are dedicated to providing you with easy to use financial tools that will help you manage your finances. Compare your refinancing options here.
You are being redirected to the ADP Workforce Now website to view the job description. ADP is a trusted partner of Inter National Bank. To apply for the specific position, you will need to create a user profile with ADP. You may use this same user profile to check your application status or apply for other positions with Inter National Bank in the future.
Start your application off right by choosing one of our mortgage lending professionals. By assigning a lender to this application, you are guaranteed superior personal service.