Equipment Loans

Loan Options

Fixed Rates

One- to seven-year or 10-year fixed rates with the security of a low fixed rate for the life of the loan. Longer terms to reduce payments and improve your operation’s cash flow.

LIBOR-Rate Loan

Indexed rate to LIBOR with a pre-established margin. This option can be one of the lowest rate options available. The rate can go up or down every 30 days, depending on movement of LIBOR index. Terms are one to seven years on equipment and up to 10 years on buildings.

Three-year Adjustable-Rate Loan

Fixed rate for 36 months, then rolls to another three-year fixed period at that time. Terms are three to seven years on machinery and up to 10 years on buildings.

Five-year Adjustable-Rate Loan

Fixed rate for the first five years, then rolls to another five-year fixed period, if needed. Enables you to lock the rate over most of the life of the loan. Terms are five to seven years on equipment and up to 10 years on buildings.

Variable-Rate Loan

Monthly rate that fluctuates depending on the market - often one of our lowest rate options. Can be used for any equipment or building need. Terms of one to seven years on equipment and 10 years on buildings.

Resources and Tools

Calculate Your Payments

Determine your payment or loan amount for different frequencies and schedules.
Calculate