How are disbursements and repayments conducted?
Once your loan is approved and documentation signed, we will issue a check for your loan. In some cases the check may be jointly payable to you and the business you are buying property, equipment, or inventory from. You can get a 0.25% interest rate discount if you sign up to have your monthly payments automatically deducted from your bank account. Monthly payments will be begin on the date and for the amount agreed under the terms of your loan agreement.
