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Purchase multiple assets or make leasehold improvements with a single business loan.
Get the best of both worlds with a flexible business financing solution. The Business Flex and the Equipment Flex Loan offerings are ideal for clients looking to purchase multiple assets and/or make leasehold improvements over a period of time1. They also provide the security of knowing you have a commitment of funds before purchasing the assets or make leasehold improvements. For Business Flex Loans, the borrowing limits are $10,000 up to $150,000 and you'll have a 6 month period to draw from your line of credit before it turns into a fixed-rate term loan for the remainder of the repayment period. For Equipment Flex Loans, the borrowing limits are $150,000 up to $500,000 and you'll have a 12 month period to draw from your line of credit before it turns into a fixed-rate term loan for the remainder of the repayment period.
Purchase multiple assets during a 6- or 12-month draw period.
Interest-only payments during draw period keeps initial costs down.
Convenient for businesses that need time getting equipment and other assets up and running and generating a revenue stream before having to make principal payments.
Enjoy the stability of a fixed rate after the initial draw period.
Choose to pay off your loan early without a penalty.
There is no annual fee for the Business Flex or Equipment Flex Loans.
Choose between Business or Equipment Flex Loans.
Business and Equipment Flex Loans are ideal for clients looking to purchase multiple assets over a period of time to help grow their businesses. Business Flex Loans allow small business owners to:
Equipment Flex Loans allow small business owners to:
The zip code you entered is served by Citizens One, the brand name for Citizens Bank's lending business outside of our 11‑state branch footprint. Under the Citizens One brand we offer Auto Loans, Credit Cards, Mortgages, Personal Loans and Student Loans. To learn more, please visit: