Term Loans for Businesses

Make an important purchase. Acquire a strategic asset. Invest in the future. Do all this with an ESL Business Term Loan. We can help you take advantage of programs to help build your business from the SBA and other sources, too.

Lock in a great low rate on a Business Term Loan for bigger business purchases.

Apply for an ESL Business Term Loan today.

How to Apply

Features & Benefits
Competitive fixed and variable interest rates.

A variety of terms up to 10 years.

Balances qualify for our unique Owners’ Dividend.^*

A variety of convenient payment options: in branch, online, and electronic.

Minimum loan amount: $5,000.

All rates subject to change without notice. Annual Percentage Yield (APY) is accurate as of the last dividend declaration date. A penalty may apply for early withdrawal. Fees could reduce earnings in these accounts. * Qualification for the Owners’ Dividend is subject to eligibility requirements. Payment of a Dividend is not guaranteed.
Specifics
ESL provides a variety of convenient payment options:

Automatic transfer (AutoSweep) from an ESL savings or checking account.

Automatic debit from a checking or savings account at any financial institution.

Transfer funds using ESL online or mobile banking or TEL-E$L.

Connect with an ESL Representative so we can help with this transaction.
How to Apply

Ready to apply for an ESL Business Term Loan?

Whether you stop in to your local branch, call, or chat with us, an ESL representative can help you determine the lending option that best fits your business needs and work with you to complete your application. Follow these steps to apply.
Rates

Learn More

Term Loans for Businesses

Business Lending Relationships ≤ $100,000

Annual Percentage Rate (APR)

Business Lending Relationships ≤ $100,0002-3 Years Fixed

Annual Percentage Rate (APR)8.49%

Business Lending Relationships ≤ $100,0004-6 Years Fixed

Annual Percentage Rate (APR)8.49%

Business Lending Relationships ≤ $100,0007-10 Years Fixed

Annual Percentage Rate (APR)8.49%

Business Lending Relationships ≤ $100,000Variable

Annual Percentage Rate (APR)Prime Rate + 2.50%

For lending relationships exceeding $100,000, please contact us for pricing by completing an online request.

Rates accurate as of
[timestamp]
As of [current prime rate date], the Prime Rate was [current prime rate].

Third Party Site

Small Business Banking

Term Loans for Businesses

Lock in a great low rate on a Business Term Loan for bigger business purchases.

Term Loans for Businesses

Small Business Banking

Term Loans for Businesses

Lock in a great low rate on a Business Term Loan for bigger business purchases.

Term Loans for Businesses

Additional Loan Products