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Sovereign Bank
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Business Loans

Business Term Loans
A business term loan will allow you to expand your operations, finance new equipment, or make leasehold improvements.
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Our business term loans help you finance one-time purchases or longer-term needs. When cash flow permits, save money on interest by making additional payments.

Features
  • A fixed interest rate keeps your business safe from swings in the Prime Rate
  • Fixed monthly payments allow you to budget your annual expenses
  • Terms ranging from 12 to 60 months
  • No prepayment penalties
  • Lower your rate by 1.5% when you have qualifying relationship with Sovereign *
* Receive .5% off when payments are automatically debited from a Sovereign checking account and another 1% off for a new or existing Business Checking Plus account.
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