CIBM makes getting the money you need for your business quick and easy.
Fast Track Business Loans from $15,000 to $100,000 – CIBM makes getting the money you need for your business quick and easy. Fast Track Business loans include quick approvals, no fees, and attractive interest rates.
|Term Loans||Lines of Credit|
|Typical Use||Financing of purchases including equipment, vehicles, etc., with short term payoffs||Short term working capital to finance items such as seasonal inventory increases & accounts receivable gaps|
|Terms||3 or 5 Years||Revolving and must pay down to $0 for 30 days annualyy. If not, subject to payment in full or balance is termed out at maturity.|
|Approval Time||3 days||3 Days|
|Payments||Auto debited from a CIBM Bank account||Auto debited from a CIBM Bank account|
|Access to funds||Lump sum paid at closing||Contact your local CIBM Bank branch to transfer funds to your CIBM Bank account as needed|
|Items needed for application||Application, Personal Financial Statement, 2 years of tax returns, Agreement and Resolution Authorizing Signers||Application, Personal Financial Statement, 2 years of tax returns, Agreement and Resolution Authorizing Signers|