Comerica knows that today’s business world is filled with uncertainty. That’s why we offer the business loan solutions that take the guesswork out of your business borrowing. Leverage opportunities to grow your business, make a capital purchase, and spread cash flow impact over time. Work with a Comerica business banker to determine your needs. A term loan with Comerica is an easy way to grow your business with peace of mind.
What's more, when you sign-up for Comerica Loan Management, you’ll be able to request loan advances (for lines of credit only) and make loan payments online as well as view up-to-date account information, including real-time loan balances, maturity dates, interest rates, transaction history, and loan advices (billing statements).
- Fixed monthly payment for the length of the loan
- Fixed term for the loan itself — usually 2 – 5 years
- Fixed or flexible interest rates
- A range of choices for collateral
- Accounts receivable
- Corporate assets
- Personal assets