BUSINESS FINANCING

As a driven entrepreneur, we know you have big plans for your business. But finding the right lending partner and solution isn’t something you want to sweat. You need a financial partner that gets you, and can get it done fast. Savoy’s team of small business specialists see opportunity where other banks don’t. Whether you need to expand your business, purchase equipment or obtain working capital to keep your vision moving, we offer an array of commercial loans that will give you the competitive advantage you need. 

BUSINESS FINANCING

 
Capital to Fund your Business or Refinance Business Debt
Equipment Loans
Financing Your Inventory or Recievables
Best Type of Loans for You
Conventional Term Loan Conventional Term Loan
SBA Loan
Conventional Line of Credit
Loan Size
$350k to $5 Million $350k to $5 Million $350k to $5 Million
Typical Use of Funds
  • Working capital
  • Expansion of your business
  • Debt refinancing
  • Purchase large machinery or equipment
  • Refinancing equipment debt
  • Filling cash flow gaps in your business
  • Working capital
  • Expansion of your business
Typical Time to Repay
5 - 10 years 5 - 10 years 1 - 5 years
Typical Required Age of Business
3 years, + (If your business has been less than 2 years see our SBA program) 3 years, + (If your business has been less than 2 years see our SBA program) 3 years, + (If your business has been less than 2 years see our SBA program)
Typical Collateral
Business assets and other applicable collateral Business assets and purchased equipment Recievables or inventory
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