Funding to meet the needs of your growing business
HomeFed’s Business FlexLoan is a fixed-rate term loan that provides predictable monthly payments that make budgeting easier. The Business FlexLoan can be used for a variety of business purposes: purchasing equipment, vehicles or fixed assets; expanding operations; freeing up working capital and more.
By utilizing a Business FlexLoan, you can preserve your own funds and build up your business’s credit history while keeping lines of credit and cash available for short-term needs.
Use this loan for a variety of business needs including:
- Expand your operations
- Take advantage of a new business opportunity
- Working capital
- Machinery and equipment
- Furniture and fixtures
- Leasehold improvements
- Debt refinancing (under special conditions)
All loans are subject to credit approval.
- Available for amounts of $10,000–$150,000
- No annual fee and no prepayment penalty
- Streamlined application and approval process
- Predictable, fixed monthly payments help make budgeting easier
- Automatic payment option saves you time and eliminates the need for writing and mailing check payments