With springtime underway, you might be spending some extra time sweeping out your garage, getting rid of clothes you never wear and giving your car a good scrub, but have you thought of how you’re going to spring clean your business this year?
If your trucks, machinery, furniture, fixtures or other equipment are looking worse for wear, or just not running like they used to, maybe it’s time to consider replacement. Bank of American Fork can help you purchase new equipment to grow your business. Let us customize a low-rate equipment loan that will rejuvenate your business by maximizing efficiency, boosting productivity or increasing cash flow. Clean up your shop with a loan to purchase new equipment or to refinance existing equipment loans.
Maybe this is the year you’re ready to lose your lease. Achieve the dream of ownership with an SBA loan. The right commercial mortgage loan can make a great difference for you and your business. Bank of American Fork’s long-term commercial mortgage loans can help you purchase an existing building for your business to start a foundation for equity and assets instead of lining someone else’s pocket. Our experienced loan officers will explain all terms clearly and suggest creative options to help you purchase a building space for your own work needs or as a rental property.
Are you feeling cramped in a space that was a better fit your business before recent growth? Or are you anticipating growth and wondering where everything is going to fit? If you need a bigger or customized space for your growing business, apply for a construction loan. At Bank of American Fork we’ll work closely with your contractor to ensure that all funds are disbursed promptly—typically within 24 hours†—with flexible, no-fee‡, local draws.
This spring, don’t forget about how you’re going to spring clean your business. Whether you decide to build, purchase your building or clean up outdated equipment, when you apply for a loan with Bank of American Fork, you’ll have a fast turnaround. Our local loan committee meets twice weekly so you can get an answer fast and get back to what’s important: running a profitable business.
Learn more or start the loan process by contacting a business banker or calling 800-815-BANK (2265) today.
Subject to credit approval.
† 24-hour turnaround on draws in most cases. Exceptions may apply. See loan officer for details.
‡ Does not include inspection fees.