Account Features and Benefits

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

 

For a Term Loan up to $175,000, get a same day decision with a Business Access Loan.

  

For a Term Loan over $175,000, speak to one of our experienced bankers.

  

 

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