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
Account Disclosure/Statements
Assistance
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