Prime Lock Loan Program

Up to $25,000

No collateral required, with a fixed rate you can afford.

Access to capital is the lifeblood of small businesses but is too often out of reach. Rising interest rates and collateral challenges prevent solid businesses from qualifying for the cash they need to succeed. But if your business is doing well and your personal credit score is good, our no-collateral, fixed-rate financing option may be the answer.

Could you use some extra working capital to gear up for busy periods, cover expenses during seasonal slow-downs, or pay down more expensive debt?  Our Prime Lock loan program can be used for almost any business purpose!

Your interest rate will be set at 5.0%, giving you the peace of mind you need to manage your cash flow.

The Prime interest rate is expected to go up again and the trend is certainly on the upswing.  This is your opportunity to lock in a low interest rate for five years, with no collateral required.  SEE WHAT YOU'LL PAY.

Plug in the loan amount you want and see how little you’ll be paying each month.
(And while you’re at it, see how much you can save by paying off more expensive business debt!)

Loan Payment Calculator
Format loan amount as xxxxx, not $xx,xxx and interest rate as 4.75, not 4.75%
Interest rate:

Eligibility requirements include

  • In business for at least three years
  • Profitable on latest tax return
  • Minimum personal credit score of 680

Simple application requirements

  • Completed loan application
  • Last two years of personal and business tax returns
  • Interim profit and loss statement

Ready to get started?

Take the first step by completing our five-minute online Pre-Qualification Application. Have your latest business tax return ready to be uploaded and you’ll hear from us in 24 hours with an initial assessment of your application. (If you can’t upload your tax return, please call us at 908-527-1166 for instructions).

If you are pre-qualified, we’ll ask you to complete a loan application and supply additional documentation.