Access funds to purchase or refinance business assets with a selection of specialized business loans from Associated Bank.
Buy new or used business vehicles, such as cars, trucks and vans, with a fixed rate installment loan. Loans range from $5,000 to $1,000,000, with repayment terms from one to 72 months (shorter terms for used vehicles). Borrow up to 90% of the purchase price on new vehicles.
Purchase or refinance business equipment with a fixed rate installment loan of $10,000 to $1,000,000. Loan terms range from one to 72 months (shorter terms for used equipment). Borrow up to 90% of the value of new equipment, or up to 70% for used equipment.
Purchase or refinance essential business assets with a fixed rate Business Asset Loan by pledging business assets as collateral. Borrow up to 75% of the value of your accounts receivable, or up to 50% of non-perishable inventory or net fixed assets, from $10,000 up to $1,000,000. Loan terms range from one to 60 months. Collateral for the loan is in the form of a General Business Security Agreement or blanket lien.