Business Loans tailored to your growth goals
Business Term Loans are standard commercial loans used to pay for investments in the business, such as construction, major capital improvements, the purchase of a new piece of equipment or machinery, or an acquisition.
Term Loans to Help Local Businesses Succeed
Our Business Term Loans have fixed or variable interest rates with terms and payments that fit your budget or cash flow. These loans can provide funds for the purchase of business assets and equipment necessary to increase your client base or geographic footprint. Repayment schedules are tied to the useful life of the asset, allowing your company’s cash flow to support expansion needs.
Our local Business Services Partners can work with you to perform a financial analysis of your business and suggest Term Loan options that are right for your needs.
Why Choose Traditions Bank for your Business Loan Needs?
When our founders made the decision to build a bank from the ground up, they felt that many local businesses in York County weren’t getting the attention they deserved. It seemed unfair that as area financial institutions continued to merge and grow larger, they had less time and resources to devote to the organizations that create jobs and are the foundation of our community. The days of the local community bank with local decisions had almost disappeared. It was time that someone brought it back to York County.
From our first day in operation, October 28, 2002, through the end of our first year, Traditions Bank established relationships with 45 business customers. Now we are serving thousands while still maintaining our personal touch. And our reach continues to grow.
Local Lenders Providing Local Support
Our Associates shop at neighborhood businesses, volunteer alongside you in the community, and realize that each business has a unique story and individual needs. If you are an area business owner who desires more from their banking relationship, check out our full line of products and services and contact our Business Services Team today.