Business Rates

Rates for most business loans are negotiated depending on the type of loan request, the collateral, if any, to be provided on the loan, and the financial strength of the borrower as evidenced by the following criteria:

• Personal credit scores of the borrower
• Liquidity and net worth of the company,
• Debt service ability of the business entity.
• Is there more than one source of repayment without relying on the collateral

Anchor bank is very competitive in pricing its loans to our customers.  Our rates are reflective of the overall relationship we build with our customers through not only the loan, but on the deposit side of the business.

Call and ask us to review your current loans or to get a rate quote, but be prepared first to talk about:

• How much money you actually need to borrow
• The amount of repayment time needed
• Your personal and business credit worthiness
• The strength of your cash flow and ability to make the proposed payment

Loan rates are scaled to the credit worthiness, capacity, and character of the borrower. Click here to find a Branch Manager or Business Banking Officer near you and see what it is like to work with a true relationship banker rather than an underwriting center.

Anchor Bank  -  Banking beyond the ordinary.