Easy, convenient options for every business size.
Requires opening or upgrading a business checking account, making 10 posted transactions (any credit or debit) by 11/30/19, and enrolling in Online Banking with eStatements.
We can help with cash flow, working capital, expenditures and other financing needs.
Promotional rate for first year:
Rates as low as:
Your application fee and/or UCC fees of up to $1,000 will be waived when you apply for a business Loan or Business Line. Applies for Business Lines and Loans up to $250,000. Application is required.
When you sign up and start actively using it by 11/30/19.
An American Savings Bank business checking account is required for Merchant Services.
Our Merchant Services get you your money
faster with next-day funding.
Plus, we offer local service and support.
Save up to $150 when you
sign up for Payroll Services
Save time that you can dedicate to your core business.
- Offer expires 11/30/19. Receive up to $1,750 in cash back and savings. An American Savings Bank business checking account is required to qualify for this promotion. 1) Get $500 when you upgrade/open a Biz Deluxe Checking or Analyzed Checking account or, get $200 when you upgrade/open a Biz Plus Checking account, or get $150 when you open a Biz Essentials Checking account. Must make at least 10 posted transactions (any credit or debit) by 11/30/19 and must be enrolled in Online Banking with eStatements. 2) Receive an application fee waiver up to $250 when you apply for an unsecured Business Line or Business Loan up to $100,000 or an application fee waiver up to $625 when you apply for a secured Business Line or Business Loan up to $250,000. 3) Receive a UCC filing and search fee waiver up to $415 when you apply for a secured Business Line or Business Loan up to $250,000. 4) Get $100 when you sign
-up for Merchant Services and start actively using it by 11/30/19. 5) Receive a 50% discount off the set-up fee when you sign up for Payroll Services with Ceridian, up to $150 savings.
The cash back will be deposited into your business checking account by 12/13/19 if the criteria is met. If the Business Checking account is closed within 180 days after the offer expires, a $100 fee will be assessed. Value of the cash back is considered interest and may be reported to the IRS. Cannot be combined with any other promotional offer. To qualify for the offers, you must not have had these services within the last 12 months. For Business Lines, Business Loans and Merchant Services, the account is subject to underwriting guidelines and credit approval.
- Must opt-in and let us know of your intent to participate in this promotion by visiting one of our branches or by calling our Customer Banking Center. Limit of one gift per customer per account and only one account per customer is eligible.
- Offer is a one-year promotion (Promotion Period): Annual Percentage Rate (APR) is 4.25% fixed for one year (months 1 through 12), from the date your new Business PowerLine is opened. Offer is based on borrower’s credit score and for approved applications received 10/1/19 through 11/30/19 that fund by 12/31/19. Promotional rates are subject to change or discontinuance without notice. After the Promotion Period ends, your creditworthiness will be reviewed and evaluated to determine whether or not your line will be renewed for another year; if renewed, the interest rate is variable and the margin is based on the review and evaluation. Contact American Savings Bank (ASB) or refer to the business loan rate sheet on asbhawaii.com for current rates. If your credit line is not renewed, ASB may require any unpaid balances, interest, fees and charges to be paid in full or may offer a repayment plan with an extended maturity and monthly installment payments.
- The Annual Percentage Rates (APR) are for new, approved Business Term Loans of 12 to 60 months; rates range from 4.50% to 11.00% for secured loan amounts from $25,000 and up to $250,000; rates range from 4.75% to 11.50% for unsecured loan amounts from $10,000 and up to $100,000. An American Savings Bank (ASB) business checking account with automatic payment is required for this Business Loan. Contact ASB or refer to the current business loan rate sheet on asbhawaii.com. Other terms, conditions and restrictions apply..