Term Loans

Term loans are a lump-sum disbursement repaid over a specified period of time. They may be used to finance equipment purchases, real estate assets, a new business acquisition, or other long-term needs of a company.

Term Loans to Help You Grow

Core Bank’s team of friendly professionals is passionate about helping our customers understand term loans and provide guidance to grow and support their business.

How Term Loans Work

Whether you’re applying for a term loan for the first time or you’ve done it before, working with Core Bank to set everything up is quick and easy. Here’s what you need to know!

Simple Application Process

Applying for a term loan at Core Bank is simple and straightforward. Get in touch with a member of our team today to begin the application process as soon as possible!

Uses for Term Loans

Equipment Loans

Long-term equipment loans provide companies the opportunity to purchase anything from manufacturing equipment to commercial vehicles.

Business Acquisition

If you need the financing to buy out another company or business partner, term loans can help.

Commercial Real Estate Loans

Long-term financing provides interim construction funds and permanent financing for long-term loans on owner-occupied commercial real estate.

Letters of Credit

Core Bank can provide you with Letters of Credit for your various financial requirements.

Interest Rates and Fees

Core Bank works to keep interest rates affordable with no hidden fees. Get in touch with our team to find out the latest interest rates associated with term loans to find the one that works best for you and your business.

Term Loan FAQs

How do I qualify for a Term Loan?

Requirements to qualify for term loans may vary. Contact Core Bank today to get started!

How long does it take to process my loan?

Approval for business terms loans can take three to seven days. Once approved, funds are typically processed within another seven days.

If I am approved for a Term Loan, how do I receive my funds?

At Core Bank, your funds will be deposited directly into your chosen business account.

Find a Core Bank Near You

Core Bank proudly offers personal and business banking solutions made for you. With banking centers in Omaha, Overland Park, and Mesa, we’re here to help you borrow and save confidently. Discover your nearest Core Bank today!

Contact Core Bank

Ready to apply for a new term loan? Get in touch with the business banking team today to learn more about our Term Loans and apply today!

Latest From the Blog

Liliana Marquez Joins Core Bank Mortgage Team

Core Bank is pleased to announce the addition to the Core Bank mortgage team with Liliana Marquez, a Bilingual Mortgage Loan Originator. Liliana has five years of mortgage experience and joined Core Bank in September 2023. Fluent in Spanish and English, Liliana is dedicated to making the home-buying journey go as smoothly and as enjoyable as possible for her clients. She is passionate about educating her clients to find the best program to fit their needs.

Take On High Rates with a Buydown

When you’re ready to obtain a mortgage loan, there is actually something you can do to ensure your mortgage payments are more manageable in the future. A buydown mortgage is a financing technique that allows a borrower to obtain a lower interest rate.