Empowering Your Vision with Tailored Lending Solutions
In today’s competitive business environment, BankTennessee offers flexible commercial lending solutions to keep your company moving forward. With a range of financing options tailored to your needs, we're here to help you grow, innovate, and succeed.
We're ready to help you with the right financing to help you meet your goals.
Expanding or renovating?
Commercial Real Estate Loans
BankTennessee offers real estate loans for the purchase, construction, or re-finance of commercial properties. These may be owner-occupied properties that house the owner’s business operation or investor/developer projects.
Short on cash?
Lines of Credit
Lines of Credit are generally secured loans with annual maturity at an interest rate floating with the Wall Street Journal Prime Rate. We offer two types:
- Seasonal Lines of Credit allow the business customer to finance seasonal needs during peak business periods.
- Revolving Lines of Credit provide funds for operating expenses not covered by available cash flow.
Need new equipment?
Term Loans
Term loans are usually advanced for the purchase of equipment or other fixed assets used within the business. These loans require monthly payments for a set maturity and the business must have an equity position in the equipment or asset being purchased. The interest rate on these loans is fixed for the term of the loan that is usually 60 months or less.
Trying to avoid the obsolescence of equipment?
Leasing Services
If you want to preserve working capital, reduce the risk of obsolescence, or take advantage of possible tax benefits, leasing may be the perfect solution for you. Our plans are flexible and can be designed to meet your needs.
Visit a BankTennessee branch today or give us a call to see how our commercial lending solutions can support your business goals.
Need a credit card?
Business Platinum Visa
We offer two great business credit card options with a variable APR, currently as low as 13.25% and 15.25% respectively, for Platinum Cash Back and Platinum accounts based on the Prime Rate as published in the Wall Street Journal.
- Cash Back – Earn a full 1% cash back on office supplies, travel, online purchases and everything else you buy up to the first $100,000 in annual spending. There are no spending tiers or minimums.
- Platinum – Give yourself the buying power of Platinum with a low spending rate and valuable card member benefits.
Interested?
Does a vendor need a payment guarantee?
Letters of Credit
Commonly used in international as well as domestic transactions, a Letter of Credit from BankTennessee on your behalf is a guarantee that you mean business. We issue both Commercial and Standby Letters of Credit. The same credit criteria required for commercial loans is used to approve Letters of Credit. (Letters of Credit are governed by the Uniform Commercial Code and the Uniform Customs and Practice for Documentary Credits.)
