Guide on US Bank General Purpose Loan – How Much You May Borrow
US BANK GENERAL PURPOSE LOAN – Here is a guide on the minimum and maximum loanable amounts under this business loan offer of US Bank.
Do you wish to start your own business or to expand the business that you have now? Truths be told that many people were able to grow their money with a successful business. However, you must also be mindful of the risk.
Meanwhile, if you plan your business carefully, work on it with faith, and manage things well, there is a big chance that it will not only double your capital but multiply it several folds. Truths be told that many big firms now also started small and you can be one of them.
Most businessmen can’t expand to the maximum level due to capital problems. Actually, there are turn tos that you can consider like applying for a business loan.
One of the banks that offer a business loan is the US Bank. In fact, it has several business loan offers and one of them is the US Bank General Purpose Loan.
What many people love about the US Bank General Purpose Loan is that, unlike the other business loan offers of the bank, it can cover a wide range of purposes in applying for it. You may apply for it to fund the expansion of your business, purchase a new equipment, buy a business vehicle, etc.
US Bank boasts its offer with competitive interest rates, flexible terms, SBA financing, secured collateral or general business assets, and convenient loan management online. How much you can borrow under the US Bank General Purpose Loan? Here are the minimum and the maximum loanable amounts under this loan offer:
- Minimum Loanable Amount – $5,000.00
- Maximum Loanable Amount – $250,000.00
You may pay for the loan for up to 84 months. The application for this US Bank loan offer may be done online. To apply for it, you may visit – US Bank.