American Momentum Bank
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Business and Professional Loans and Lines of Credit Solutions

 

The financial strength you need for growth.

 

At American Momentum Bank we have the solid backing, expert service and custom-designed solutions you need to grow your business.

 

Business and Professional Credit Card.

 

Offering a credit line up to $25,000, the Professional and Business Credit Card is the perfect cash alternative for day-to-day spending such as office supplies, travel and entertainment.  In addition, using credit for such expenses allows your capital to stay in an interest-earning account.

 

Features and Benefits

 

  • Flexibility to set appropriate spending limits on individual employee cards
  • Summary reports at tax time to keep expense information at your fingertips
  • Purchase security and extended protection
  • 24-hour emergency card assistance

     


     

    Business and Professional Line of Credit.

     

    Most businesses use a secured line of credit to finance seasonal or other short-term needs.  (such as buying inventory during a busy season).  This line of credit may also be used for working capital or other short-term borrowing needs.

     

    Features and Benefits

     

    • Check access (for lines up to $100,000 only)
    • Monthly billing (interest accrues only on outstanding balance)
    • Variable interest rate

     

    Collateral

     

  • Company Assets
  • Equipment
  • Real Estate
  • Savings and Certificate of Deposit Accounts

     


     

    Business and Professional Capital Loans.

     

    A Business Term Loan is ideal to fund specific projects or initiatives, such as:

     

    • Funding business growth
    • Consolidating debt
    • Terming out existing credit lines
    • Financing permanent working capital
    • Financing leasehold improvements
    • Facilities expansion

     

    Features and Benefits

     

    • Fixed or variable rates
    • A range of terms to accommodate your business needs.

     

    Collateral

     

    • Company Assets
    • Equipment
    • Real Estate
    • Savings and Certificate of Deposit Accounts

     

    Business and Professional Equipment Loans.

     

    An equipment purchase loan can be used to fund the purchase or refinance of new or used equipment, vehicles and other asset acquisitions.

     

    Features and Benefits

     

    • Fixed or variable rates
    • A range of terms to accommodate your business needs.