Zions Bank® Real Estate Commercial Equity Line of Credit and Commercial Real Estate Loans* are often the best option for long-term borrowing—up to 15 years. They can also be used for your short- and intermediate-term borrowing. Use a secured commercial equity line of credit to improve liquidity, increase working capital, expand your business, finance property improvement and more.
Do I Need a Commercial Equity Line of Credit or a Commercial Real Estate Loan?
If you need a short-term commercial real estate financing option, you may want a commercial equity line of credit. Commercial equity lines of credit can be used multiple times, as opposed to one-time commercial real estate loans. Rather than having the monthly payment of a commercial real estate loan, you make payments on your commercial equity line of credit until you pay off your balance.
Commercial equity lines of credit are generally used to finance receivables, investments or inventory, whereas commercial real estate loans are long-term solutions to acquire or refinance real estate. For more information on what commercial real estate financing option is right for your business, contact Zions Bank at 800-974-8800.
Real Estate Secured Line of Credit and Term LoansImportant Details
|Term||12 to 180 months|
|Collateral and Loan-to-Value Ratio||
Commercial real estate loans:
|Repayment Term||Varies depending on loan type|
|Rate Option||Commercial equity line of credit: Variable
All others: Fixed or variable