All businesses, regardless of their size, deserve the financial tools that will help them prosper. At Nevada State Bank, we offer a full array of commercial banking products, but what distinguishes this bank is how we deliver these products to you. Your banking needs are met by experienced bankers who will stay with you and your account year after year.
Our Small Business Term Loan* is perfect for a business that has a long-term financing need or a one-time expense. We offer:
| TYPES |
- Business secured or unsecured term loans* up to $500,000
|
| PURPOSE |
- Finance specific one-time need
- Business expansion
- Increase working capital
- Finance furniture, fixtures or equipment
|
| TERM |
- Up to 2 years for an unsecured loan
- Up to 6 years for a non-real estate secured loan
- Up to 20 years for a real estate secured loan
|
| COLLATERAL |
Unsecured:
Secured:
- Certificate of Deposit, savings, marketable securities, furniture, fixtures, machinery, equipment, or vehicle. Advance rate is based on type, age and condition of collateral.
|
| REPAYMENT TERM |
- Interest and principal due monthly on fully-amortizing basis
- Prepayment of 1% of the outstanding loan balance
|
| RATE |
- Fixed or variable depending on term
|
*Subject to credit approval
To speak with a Nevada State Bank representative and determine which loan product would best meet your financing needs:
|
Equal Housing Lender
