Business Term Loan

Financing your business operations or expansion plans locally, nationally, or worldwide requires long-term capital. That is why it pays to get all the facts about a term loan from Amegy Bank. It is an ideal option for:

• Raising permanent working capital
• Refinancing existing debt
• Purchasing and refinancing equipment or vehicles
• Funding growth opportunities, such as acquiring another business
• Financing commercial real estate purchases
• Or meeting other long–term capital needs

A key advantage with term loan[cite::2149::cite] financing is the security of having a fixed repayment schedule and amount that affords your business greater security, predictability and solid financial planning. Our highly-trained business and commercial bankers have expertise in a wide variety of industries and will sit down with you to discuss specific needs, market conditions, and how best to capitalize on growth opportunities.

For short-term working capital needs, click here to learn about Business Line of Credit.

REQUIREMENTS FOR LOAN REQUEST:

• A loan amount between $5,000 to $175,000
• A loan term up to 60 months
• The current ownership of the business should be more than 24 months
• The business should not be owned by another business entity
• The business should currently have less than $250,000 in loans with our bank

BEFORE YOU APPLY ONLINE, YOU WILL NEED:

• To be an authorized officer of the business
• To be at least 18 years old
• To be a business located in Texas
• Your Tax Identification Number(s) (SSN / TIN)
• An email address for all individuals with 20% ownership in the business
• The revenue and income information of the business
• The average balance in your business bank account(s)
• The total debt and monthly debt payments for the business