Skip Navigation Documents in Portable Document Format (PDF) require Adobe Acrobat Reader 5.0 or higher to view, download Adobe® Acrobat Reader.
ribbon cutting banner images

Business Express Loans

Commercial Banking

Business Banking Express Loans

 

Univest’s business express loan options are designed to provide businesses with quick-funding loans up to $100,000 and offer:

  • Competitive interest rates
  • Faster loan approvals
  • Limited documentation
These convenient working capital loan options are the perfect solution to meet your cash flow needs.
Please scroll to the left to view the rest of the table
 
  $5,000 - $100,000 $5,000 - $100,000
TERM2 3-year draw with a repayment period 5 or 7 years
INTEREST RATE3 Prime + 5.00%
5-years: Prime + 4.00%
 
7-years: Prime + 5.00%
ANNUAL FEE $0 $0
PROCESSING FEE4 $275 $275
GET STARTED!

Line of Credit
Term Loan
  1. Credit Limit: All Univest Business Banking Express loan and line of credit applications are subject to approval, require a personal guarantee from business owner(s) as defined by the Bank, and collateral of business assets. Loan amounts over $50,000 will also require proof of business personal property insurance. The Univest Business Banking Express Loan Program is not available for loan amounts over $100,000 or to non-profit organizations. A depository relationship shall be established and maintained with Univest for the duration of the Loan.
  2. Line of credit term has a 3-year, variable rate draw period; loan balance is then converted to a 10-year fixed-rate principal and interest term. Term loans are fixed for 5 or 7 years.
  3. Interest Rate is based on the Prime Rate as published in The Wall Street Journal plus a margin. Prime rate is 5.00% as of 10/22/2019.
  4. A one-time processing fee to be collected at loan origination.

compliance icon

Ready to apply?
Stop by any
Univest financial center.

 

contact us

There was an error submitting the form

Thank you for your submission.

to the
top