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Highlights
- Loans from $250,000 to $2,500,000
- Below-market interest rate
- Streamlined application and rapid approval and funding
- Flexible terms to meet your needs, including an interest-only repayment option for 12 full months
Who Can Qualify
- Businesses located in Pennsylvania
- In business for a minimum of 6 months (except new professional services firms such as attorneys, physicians, dentists, etc.)
- Must meet Sovereign's basic creditworthiness guidelines
- The proposed project should create jobs in the Commonwealth of Pennsylvania
Flexibility & Customized Solutions
- Up to 10-year terms (longer for real estate)
- Financing for real estate, equipment, software, and operations
- Some borrowers will qualify for a 12-month interest-only repayment option
Next Steps
Complete the initial information request form. You will then be contacted by a business banking representative in your community.
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Equal Housing Lender - Member FDIC
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