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Woori America Bank offers various types of commercial lending products to accommodate your needs and achieve your short or long-term financial goals. We can help you financing from business acquisition, modernization or other asset purchase

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COMMERCIAL TERM LOAN OPTIONS

COMMERCIAL TERM LOAN OPTIONS

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COMMERCIAL LOAN

EQUIPMENT LOAN

SMALL BUSINESS
EXPRESS LOAN

Loan Amount

  • Starting as low as $10,000
  • Starting as low as $25,000
  • Starting as low as $10,000

Term

  • Up to 5 years
  • Up to 5 years
  • Up to 5 or 7 years depending loan amount

Payment Method

  • P & I, monthly
  • P & I, monthly
  • P & I, monthly

Pay-out Schedule

  • Fully amortized up to 5 or 10 years, depending on loan amount
  • Fully amortized up to 5 years
  • Fully amortized up to 5 or 7 years, depending on loan amount

Use of Proceeds

  • Working Capital, Business Purchase or Expansion, Business Asset Purchase, Debt Refinance
  • New or used income producing equipment purchase or refinance
  • Working Capital, Business Purchase or Expansion, Business Asset Purchase, Debt Refinance

Interest Rate Type

  • Variable (Indexed to Prime)
  • Fixed or Variable (Indexed to Prime)
  • Variable (Indexed to Prime)

Collateral
Requirement

  • Senior UCC on business assets
  • Other collateral may be required depending on your qualification
  • Senior UCC on equipment(s) financed
  • UCC on business assets

Others

  • No Prepayment Penalty
  • Auto debit from Woori America Bank Checking Account
  • Other terms, conditions and restrictions may apply
  • No Prepayment Penalty
  • Auto debit from Woori America Bank Checking Account
  • Other terms, conditions and restrictions may apply
  • No Prepayment Penalty
  • Auto debit from Woori America Bank Checking Account
  • Flexible Document Requirement
  • Other terms, conditions and restrictions may apply

phone iconFor more information, please visit your local branches or customer service 1-888-MyWoori(699-6674)