Structured financing for equipment, vehicles, inventory, or planned business expenses to move your business forward

Term loans designed to support long-term business goals

When you know what your business needs — a vehicle, equipment, inventory, or a larger purchase — a Small Business Term Loan provides a set amount with payments structured over time.

Equipment and vehicle purchases

A Small Business Term Loan can support vehicles, tools, or equipment that help your business deliver services and stay on schedule.

Inventory and supply needs

For businesses that need to purchase inventory or supplies upfront, term financing can help cover those costs with predictable payments.

Planned improvements and investments

Term loans can support larger planned expenses that help strengthen day-to-day operations and long-term stability.

Guidance from a Small Business Specialist

A Small Business Specialist can help review what the financing supports and determine whether a term loan or another option fits best.

Your questions, answered

A Small Business Term Loan provides a set amount of financing that is repaid over time. It is often used for equipment, vehicles, inventory purchases, or planned business expenses.

A term loan supports a specific purchase or planned expense with structured payments. A business line of credit provides ongoing access to funds for short-term needs as timing shifts.

Small Business Term Loans may be used for equipment, vehicles, inventory, supplies, or other larger business purchases that require upfront funding.

Small business lending begins with a conversation in a financial center with a Small Business Specialist who can review your request and outline next steps. 

You do not need to be a member to begin the conversation, but membership is required before approved loans are closed.