• Business Loans

Business Loans

  • Did you know that more than 80% of our business customers state that they intend to deal exclusively with Bank Independent in the future?* That's because we have the tools they need to make their business grow. And because we're locally owned and operated, we have a vested interest in North Alabama. So if they do well, we do well.

    We're also able to design programs and obtain approvals quickly because all decisions are made right here, not by an out-of-town committee unfamiliar with your business.


    *Raddon Financial Group, Chicago, IL, 2011



     

    Our programs include:

    Earn Cash Back – Receive 1% cash back when you have your installment loan payment automatically deducted from your business checking.

    Asset-Based Loans for Working Capital (BusinessManager®)  – BusinessManager® provides cash for working capital using your accounts receivable.

    Equipment Financing – Loans can be provided for anything from diagnostic equipment to vehicle fleets.

    Commercial Real Estate – Our programs can finance virtually anything from land to manufacturing plants.

    Lines of Credit – We can also provide ready cash based on secured and unsecured lines of credit.

    Start-Up Capital – Unlike some banks that require you to be in business for three years or more, we will consider start-up capital for a new venture.

    SBA Loans – Bank Independent has acquired almost $30 million for lending to small businesses.