Important Details

Business Credit Lines

Business Banking with Zions Bank
 
LINES OF CREDIT TERM LOANS REAL ESTATE SECURED LINES OF CREDIT & TERM LOANS LEASES
TYPES
  • Business secured or unsecured Line of Credit
  • Business Credit Line
  • Visa® Business Card
  • Business secured or unsecured term loans
  • Business:
  • Equity Line of Credit
  • Improvement Loan
  • Construction Loan
  • Real Estate Loan
  • Lease Line
  • TRAC Lease
  • Lease Finance
  • Tax Lease
  • PURPOSE
  • Increase working capital
  • Fund investments
  • Take trade discounts
  • Improve liquidity
  • Meet short-term cash needs
  • Finance receivables and inventory
  • Finance specific one-time need
  • Business expansion
  • Increase working capital
  • Finance furniture, fixtures or equipment
  • Take trade discounts
  • Finance receivables, investments or inventory
  • Improve liquidity
  • Meet short-term cash needs
  • Increase working capital
  • Expand business
  • Finance property improvements
  • Finance construction of owner-occupied commercial building
  • Acquire or refinance real estate
  • Finance new and used furniture, fixtures and equipment
    TERM Varies depending on loan type Up to 84 months 12 to 180 months 36 to 84 months
    COLLATERAL & LOAN-TO-VALUE RATIO Unsecured:
  • None required
  • Secured Savings, marketable securities, or equipment
  • Accounts receivable: Up to 80% of value
  • Inventory: Up to 30% of value
  • Unsecured:
  • None required
  • SecuredSavings, marketable securities, furniture, fixtures, or equipment
  • Car or truck
  • Advance rate based on type, age and condition of equipment
    Commercial real estate:
  • Up to 75% of value
  • Furniture, fixtures or equipment up to 100% of value
    REPAYMENT TERM Varies depending on loan type Interest and principal generally due monthly on fully-amortizing basis Varies depending on loan type Payments due monthly in advance
    RATE OPTION Variable Fixed or variable Lines of credit:VariableAll others: Fixed or variable Fixed
    FEES One or more of the following fees may apply, depending on loan type:
  • Loan origination fee
  • Annual fees
  • Account receivables monitoring costs
  • Filing costs
  • Loan origination fee
  • Appraisal fee, if applicable
  • Filing costs, if applicable
  • Loan origination fee
  • Appraisal fee, if applicable
  • Title policy fee, if applicable
  • Document Fee
     

    Loans are subject to approval, restrictions apply, contact Financial Center for details. Terms and conditions are subject to change without notice.

    This page was last modified on Fri Apr 18 10:21:00 MDT 2014