Move your business forward
Help your business grow and reach new heights with lending solutions that encourage your success every step of the way.
Commercial Secured Lines of Credit
You can’t always predict what will happen next for your business. But with access to quick cash, your business will have the short-term borrowing needs to maintain the cash flow it needs to thrive.
- Repayment – Interest only, payable on demand
- Term – 12 months interest-only payments, principal due on demand
- Reviewed and renewed annually
- No annual fee
Commercial Unsecured Loans
Need a fast approval option to finance your next business venture? Get the funds you need, when you need them to help build your business and stay ahead of the competition.
- Minimum Loan Amount – $2,500
- Maximum Loan Amount – $35,000
- Various Repayment Terms
- Automatic payment required from ASB checking account
- ASB checking account open for at least 96 days required
Commercial Term Loans
Choose from a variety of terms and interest rates for your business needs. Financing available for new equipment, vehicle purchases and capital expansion.
- Repayment – Monthly principal and interest installments
- Terms up to 7 years
- Loan to Value – up to 80%
- Down payment required
Commercial Collateral Loans
Borrow against funds you’ve earned from the business you’ve built.
- Loan to Value – up to 95% of ASB available deposit balance or equity portfolio
Business Overdraft Lines of Credit
Running a business comes with its share of worries. Don’t let the fear of overdrawing your business checking account be one of them.
- Minimum Line Amount – $1,000
- Maximum Line Amount – $5,000
- Repayment – Minimum $20 or the balance, whichever is lower
- Annual fee
Commercial Letters of Credit
We care about the success of your business. As a sign of good faith, we offer financial assistance that will help you acquire the products and services you need to develop your business.
- Extended on a secured basis
- Closing Costs – 2-5% of the Letter of Credit amount, a minimum of $200
SBA Loans
Businesses deserve creative lending solutions to assist them in reaching their unique goals. Consider an ASB SBA loan when conventional financing isn’t available.
- Term varies
- Approved preferred lender
- Down payment required
