Fixed Rates & Flexible Terms

We have several options to help cover a large expense and pay it back over time.

Commercial Term Loans

If you need to make a large purchase for your business such as buying new technology, investing in a marketing program, or expanding your business, a commercial term loan could be the answer for you. Plus, with flexible terms, you can pay the loan back over time. We invite you to call and speak with a local experienced banker who can help you choose the right business term loan to suit your needs. We have short-term, long-term and everything in between available.  

  • Build Your Terms

    Build Your Terms

  • Fast Decisions

    Fast Decisions

  • Fixed Rates

    Fixed Rates

Use this calculator to estimate your debt service coverage with a new commercial loan. If your debt service coverage is greater than 1.25, including your new loan payment, you have a good chance of being approved.

Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Normal credit approval criteria apply

Serving Shagbark

Serving Shagbark

"Virginia's finest is what we bring to the table. TowneBank serves up the same." Walter Bundy, Owner
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