Advantage Term Loan
Secured installment loans for small businesses and professionals wishing to finance equipment or vehicle purchases. Loan amounts range from $5,000 - $250,000 with terms of twelve to sixty months. Competitive rates and flexible terms fit into any business budget.
For additional information and current interest rates, contact a Business Banker at (847) 729-1900.
- Loan amounts of $5,000 - $250,000
- Terms from 12 - 60 months with full amortization
- Advance rates up to 100%
- Requires general assignment of business assets and specific equipment purchased as collateral in addition to personal guarantee of business owner
- $50 non-refundable application fee and $100 documentation fee
- Monthly payment amount automatically debited from GSB checking account