Gain purchasing power with the flexibility of a Select CapEx Loan
A hybrid approach to equipment and vehicle financing providing an initial draw-down period allowing time to purchase assets, then converting to a fixed term.
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Initial lines of credit range from $100,000 – $750,000
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Draw-down period up to 12 months
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Variable interest rate
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Up to 100% for new equipment or vehicles
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Up to 80% for used equipment or vehicles
Post Draw-Down Period:
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Up to seven-year term loan for remaining balance
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Fixed rate
Reach bigger goals faster with a Select Term Loan.
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Loan of $5,000 to $1,000,000
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Rates starting at 7.50%
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Term of up to 7 years
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Fixed interest rate
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Rate discount with auto-pay from Columbia Bank Deposit account
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Loan secured by business assets, commercial vehicles, equipment or commercial real estate
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Fully amortized over loan term
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Origination fee starting at 0.5% of loan amount
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Third-party closing costs may apply
Connect with our Small Business team.
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