Loan Purpose

Repayment Term

Current Interest Rates
 

Working Capital

3 to 5 Years

3 Years - 7.57% - 8.57%

5 Years - 7.52% - 8.52%

Equipment Acquisition
or Refinance

5 to 10 Years

5 Years - 7.52% - 8.52%

7 Years - 7.52% - 8.52%

10 Years - 7.53% - 8.53%

Purchase/Construct or Refinance a Building

20 Years
15 Years

10 Years - 7.03% - 8.33%

15 Years - 7.21% - 8.51%

Empire Zone Loans

Up to 15 Years

Fixed at funding:
Yrs 1 and 2 - Prime minus 2%
Thereafter -  Prime minus 1%

Prime Rate is 8.25% 

Interest Rates effective as of 1-29-07