Lines of credit can be used for many financing needs such as operational, seasonality, working capital, etc. Rest assured that Liberty Bank will help you analyze your needs now and needs for future growth with the proper type of financing. Another option is an Operating lines of credit based on a borrowing basis. This is [...]
Liberty Bank seeks to understand your business needs and creatively put together the right solution. The 7(a) loan program is used for special purpose, rural, export, and expresses financing instruments. In most cases the loan is used for the following purposes: Equipment FF&E Inventory Capital Injection Short-term working capital Seasonal finance Purchase existing businesses Other [...]
The SBA 504 program not only helps mitigate risks to lenders, but also helps provide businesses with the ability to obtain funding when conventional debt financing is not available. Liberty Bank is a smaller bank and we are able to do 90% LTV on real estate purchases. In Most cases a 504 loan includes the [...]
Term Rate APY Rate APY 3 Months 0.25 0.25 0.35 0.35 6 Months 0.35 0.35 0.45 0.45 1 Year 0.60 0.60 0.65 0.65 18 Months 0.70 0.70 0.75 0.75 2 Years 0.99 1.00 1.09 1.10 3 Years 1.19 1.20 1.29 1.30 4 Years 1.39 1.40 1.49 1.50 5 Years 1.64 1.65 1.69 1.70 APY refers to Annual Percentage Rate
