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Term Loans
Looking to purchase a new piece of equipment? Searching for a new manufacturing or distribution plant?
First Bank & Trust’s equipment and real estate term loans may be right for your long-term goals!
Term loans are disbursed in a lump-sum and then paid back over a specified period of time (ex: 3-5 years). Term Loans are structured so that the debt repayment matches your business cash flow.
May be used for:
- Purchase of Equipment (new & used)
- Ownership Buyout
- Purchase of New Business
- Real Estate Investment