Business Term Loans
We invest in the best bankers, resulting in First Northern Bank being the region's #1 local small business lender for over a decade.
Business Term Loans
It takes money to make money — and it takes a strong lending partner to ensure all your needs are met. Choose a First Northern Bank term loan for business expansion, equipment purchases, and other lump sum needs. Our rates are competitive and our terms are flexible. Best of all, our local underwriting and local decision-making guarantee a quick response.
Business Term Loans of $150,000 or less usually requires a simple 2-page application so you can get your funds quicker. Apply now!
Need financing for a larger project? Business Term Loans of $150,001 to $750,000 require our All-In-One application. Your First Northern Bank lending professional will guide you through every step along the way. Apply now!
Looking for a term loan over $750,000? Contact us to speak to a lender.
- Attractive rates for a wide range of business expenses:
- Working capital
- Equipment
- Machinery
- Inventory
- Facility improvements
- And more
- Loans from $25,000 to $750,000 (contact us for business term loans over $750,000)
- Repayment terms up to 60 months for loans under $300,000 or up to 84 months for loans over $300,000
- 0.25% origination fee on loan amounts over $150,000
- Quick, local decision-making and processing
- Detailed, attentive service from start to finish
Smaller businesses still have big working capital needs and often need to act even faster. An Express Term Loan from First Northern Bank is perfect for just about any short-term need or expansion opportunity.
- Loans from $25,000 to $150,000
- Terms of 5 years - amortized principal & interest, monthly
- A low upfront loan fee of $299