Term Loans take the guesswork and uncertainty out of borrowing. When you choose Term Loans to finance your business needs, you’ll know what your monthly payment is and how long you’ll be paying it—usually 2-5 years.
Interest rates are either fixed or floating. Accounts receivable and corporate or personal assets can serve as collateral.
For effortless banking, we pair you with a Comerica Relationship Manager—your advocate and personal, direct conduit to all our people and products. They know our business. They take care of yours.