Lines of Credit
— Finance short-term working capital needs such as accounts
receivable and inventory.
Term Loans —
Expand your operations, finance new equipment, or make leasehold
improvements.
Mortgages —
Improve, expand, refinance or purchase retail, office or industrial
real estate.
You can also apply for a Sovereign Business Line of Credit by visiting a local Community Banking Office. |
* Can be unsecured, with no borrower financial statements for maximum
Sovereign credit exposure of $100,000 or less. Sovereign shall obtain credit bureau information on
all obligors and reserves the right to request financial statements in certain circumstances.
** Paydown of 40% is required for a 30 day period once per year.
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