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Adjustable Rate Business Line of Credit
Account Description
A Secured or Unsecured, Adjustable Rate Business Line of Credit, used for purchases, refinances, or to provide working capital for business purposes.
Interest only payments are required monthly with principal balance due at maturity.
Payment of principal and interest due at maturity.
Applicants must qualify according to First Federal Lakewood Underwriting Guidelines for commercial loans.
Loan limits are dependant on applicant's qualifications.
No prepayment penalty.
Payments, of interest only, are due on the 10th of the month.
Account Features
eFFL Online Banking - Business
AutoPay
Account Disclosure/Statements
Information about Opening a New Account
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