As your local bank, we’re here to help you not only succeed today but also remain as a successful business. With that in mind, Bank of Pensacola helps you look ahead to meet future challenges. And whether your needs include expanding offices, buying new equipment or even acquiring commercial vehicles, a Bank of Pensacola Term Loan can help you get there.
Bank of Pensacola Term Loan features:
- flexible repayment terms
- secured by your company’s fixed assets
- principal and interest paid in regular installments
To apply for a Term Loan, contact our Loan Specialists today at 1-800-874-3121.
Depending on the type and size of the loan, you may need to provide:
- Year-end financial statements for your business for the most recent three years and the most recent interim period
- Past three years business tax returns
- Personal financial statement for each guarantor
- Past three years personal tax returns for each guarantor
- Detailed explanation of how you will use the proceeds of the loan
After your application has been reviewed, we will notify you as soon as possible of our decision or to obtain clarification.