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Business Loan Rates

Business Loans
Line of Credit
  • Loan Amounts up to $50,000
APR
Min. Loan Amount
Term (up to)
  • Loan Amounts up to $50,000
6.00%
$5,000
24 Mos.
Term Loans
  • Loan Amounts up to $50,000
APR
Min. Loan Amount
Term (up to)
  • Loan Amounts up to $50,000
5.50%
$5,000
60 Mos.

Business Loan Fees:
Origination Fee: $200
Renewal Fee (Business Line of Credit only): $150

Business Loan Disclosures

APR means Annual Percentage Rate. Rates based on creditworthiness, credit score, and collateral qualifications. The rates are variable, subject to change monthly, and may increase after loan consummation. Maximum APR for Business Line of Credit and Business Term Loans is 18%. Business Line of Credit loan terms up to 24 months; subject to annual review. Business Term Loans with loan terms up to 60 months. Terms may be limited by loan amount or other factors as determined by underwriting procedures. Business Line of Credit minimum interest-only monthly payment results in a Balloon payment at maturity. Minimum credit limit is $5,000; Maximum $50,000. Business Loan Fees must be paid in cash by the borrower and cannot be financed. Consult your tax advisor regarding deductibility of interest. Business Loans are available in CA. Logix Business Checking Account Membership required. Rates, fees and programs are subject to change without notice. For more information, please call 800-328-5328.

Rates accurate as of 5/9/2022.

5/9/2022 Prime Rate Index 4.00%


Logix Business Services webpages apply to the accounts, products and services available to Logix Business Account Membership established on and after May 17, 2017. If your Logix business account was opened prior to 5/17/17 please contact us at 800-328-5328 to convert your current business account to our new Business Services platform to take advantage of these advertised business accounts, products and services.

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