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Product Features & Benefits
Loans from $10,000 to 90% of the available balance in your business savings account (maximum $250,000)
Terms up to 60 months1
Fixed interest rate
Savings account used as collateral
- Collateral of savings account must be with American Savings Bank. There is a $50 document preparation fee. The interest rate is based on the earning rate of the pledge deposit account plus a margin.