United States
Get financing for short-term needs, operational expenses, or a business expansion.1 Connect with a banker to learn more.
At Popular Bank, we view businesses as the backbone of our communities and take pride in offering business financing solutions that can empower growth and ensure success. Whether you need to buy equipment, restock inventory, or refinance an existing loan, our business loans and lines of credit let you take greater control over your cash flow and working capital so you can work better and dream bigger.
To apply for a business loan or line of credit, your business must be active and at least 2 years old.
Secure a specific loan amount for an immediate need. Use our Business Term Loan to purchase or repair equipment, consolidate debt, or expand your footprint.1
Improve your cash flow to meet unexpected expenses. Use our Business Line of Credit to make a seasonal purchase, finance inventory needs, or process payroll.1
Strengthen your commercial business during seasons of growth or change. Get financing to optimize working capital, invest in property, or acquire new technology.1
| Loan features | Business Term Loan | Business Line of Credit |
|---|---|---|
| Uses | A business term loan is often used for purposes such as financing a major purchase, funding a long-term project, or refinancing existing debt. | A business line of credit is typically used for short-term working capital needs, managing cash flow, or addressing unexpected expenses. |
| Amounts | From $5,000 to $10,000,000 | From $5,000 to $10,000,000 |
| Terms | 3-, 5-, 7-year loan programs | 12-month revolving term |
| Interest rates | Competitive fixed interest rates | Competitive variable interest rates |
| Repayment terms | One-time lump sum that is borrowed and repaid over a fixed term. | Flexible line that can be paid down and used again as your business grows and changes. |
Connect your business to a different kind of capital.
Access to financial capital can be critical to the lifeline of your business. We’ve designed flexible financing solutions to help you meet pressing needs or open the door to future opportunities. When you complete the form, we’ll be here to clarify your options and explain the benefits.
We’ll also be ready to offer a different kind of capital, human capital. The kind that values conversation, collaboration, and cross-team support, and gives your business the relational strength it needs to find lasting success. Make a deeper connection for your business today. Contact our team to discuss your financing needs.
Connect with us
Your dedicated Popular Bank Relationship Manager will become like an extension of your business.
We’re very hands-on throughout the entire process, as we want to make financing easy for you.
Let’s work together on how we can tailor our financing solutions to meet the specific needs of your business.
Our SBA loans can be great alternatives to traditional loans for small businesses as they offer longer repayment terms than traditional loans.1
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Our full range of real estate lending solutions can help you purchase, refinance, or expand your multi-family, mixed-use or commercial properties.2
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Popular Equipment Finance makes it easy for you to get the necessary equipment your business needs with our customized financing solutions.3
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1All real estate loans are subject to credit and/or property approval. Rates, program terms, and conditions vary. Popular Bank NMLS ID # 417584.
2All financing options are subject to complete credit and underwriting review, and require application and credit approval. Rates, program terms, and conditions may vary, and are subject to change without notice. Popular Equipment Finance, LLC is a Delaware limited liability company, and a wholly-owned subsidiary of Popular Bank. All notices or other communications may be sent in writing to 5050 Lincoln Dr, Suite 400, Edina, MN 55436. Popular Bank is a NY state chartered financial institution.
