A CD Secured Loan is an installment loan or a line or credit secured by a Certificate of Deposit. Because of the nature of the security, the interest rate for repayment is lower, often much lower, than other forms of business credit.
- Very low interest rates
- Borrow up to 100% of face value of CD available
- Allows access to funds in CD without incurring penalty for early withdrawal
- Use funds at borrower’s discretion
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To apply, or for more information, call or visit one of our convenient Banking Centers.
*Loans are subject to credit approval and program requirements.