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Business term loans provide a specific amount of credit for financing one-time business needs, such as business expansion, equipment purchases, or an injection of working captial. The loan is paid back on a predetermined schedule with principal and interest payments due each month.
Commercial loan interest rates can move quickly with the market so many investors are constantly trying to stay on top of the most recent interest rates to know if they’re getting a good rate from their local lender or if they should shop around.
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ACBB's Bank Stock Loan program is available to bank directors, senior officers and major shareholders. These loans can be used to purchase additional shares .
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