We're ready to help you meet the challenges of running your business with a wide range of credit products to match your financial needs. Whether you need to fund growth, purchase assets, or bridge gaps in accounts receivable collections or inventory purchases, we'll work to put together the best loan structure for your business.
MoneyManager Reserve and MoneyManager Term (Unsecured)
Whether your business needs a line of credit or a term loan, the choice is easy with our streamlined MoneyManager credit products. Applying is easy and quick, with reduced paperwork and in most cases, a credit decision in one business day or less. Best of all, no collateral is required so there is no hassle with tying up assets.
| MoneyManager Reserve | MoneyManager Term | |
| Purpose | Overdraft protection, working capital | Fixed asset purchases, permanent working capital |
| Amount | Up to $25,0001 | Up to $25,0001 |
| Rate | Prime + 7%, floating2 | Prime + 5%, floating2 |
| Fees | $50.00 Annual Fee | $50.00 Processing Fee, added to loan amount |
| Payment | Greater of $20.00 or 2.5% of the outstanding balance, monthly3 | Monthly principal plus accrued interest3 |
| Fund Access | Check, Internet, Debit | N/A |
| Maturity | 10 years4 | 3 or 5 years4 |
| Collateral | None | None |
1Available in increments of $1,000 (line of credit only), $2,500, $5,000, $7,500, $10,000, $15,000, $20,000 and $25,000; Subject to credit approval.
2Interest rate is subject to change based on changes in an independent index which is the Prime rate of interest generally charged by Integra Bank National Association to its most substantial and creditworthy borrowers.
3Automatic payment from an Integra Bank business checking account is required.
4Subject to annual review; Integra Bank reserves the right to require submission of tax returns and other business and financial information from time to time.
Line of Credit
With a secured line of credit, you get the flexibility of meeting short-term working capital needs, such as covering the timing differences in accounts receivable collection or inventory purchases. Access to funds is fast and easy and because the line of credit is secured by business assets, the interest rate is generally lower and the credit limit higher than an unsecured line of credit.
| Purpose | Working capital, overdraft protection |
| Amount | Up to $1 million1 |
| Rate | Variable, based on the Prime Rate2 |
| Payment | Interest only monthly |
| Fund Access | Check, telephone, internet, debit |
| Maturity | Up to 5 years3 |
| Collateral | Accounts receivable, inventory, other non-real estate business assets |
1Subject to credit approval. Processing fee and annual fee may apply.
2Interest rate is subject to change based on changes in an independent index which is the Prime rate of interest generally charged by Integra Bank National Association to its most substantial and creditworthy borrowers.
3Subject to credit approval and annual review (if maturity is greater than 12 months). Integra Bank reserves the right to require submission of tax returns and other business and financial information from time to time.
Equity Line of Credit
Use the equity in your real estate to provide working capital. Because it's real estate secured, an equity line generally offers a longer maturity than a typical line of credit.
| Purpose | Working capital, overdraft protection |
| Amount | Up to $1 million1 |
| Rate | Variable, based on the Prime Rate2 |
| Payment | Interest only monthly |
| Fund Access | Check, telephone, internet, debit |
| Maturity | Up to 10 years3 |
| Collateral | Real estate |
1 Subject to credit approval. Processing fee, annual fee and closing costs may apply.
2Interest rate is subject to change based on changes in an independent index which is the Prime rate of interest generally charged by Integra Bank National Association to its most substantial and creditworthy borrowers.
3Subject to annual review if maturity is greater than 12 months. Integra Bank reserves the right to require submission of tax returns and other business and financial information from time to time.
Term Loan
The secured term loan helps you to avoid the pitfalls of open-ended borrowing by matching fixed asset purchases or special project funding with longer term financing. Unlike the interest only payments of a line of credit, the term loan has a set repayment schedule of principal and interest over a fixed period of time.
| Purpose | Fixed asset purchases, debt consolidation/refinance, permanent working capital |
| Amount | Up to $1 million1 |
| Rate | Variable or fixed interest rates |
| Payment | Monthly principal and interest payments |
| Maturity/Amortization | Up to 7 years2 |
| Collateral | Machinery, equipment and other fixed non-real estate business assets |
1Subject to credit approval. Processing fees may apply.
2Subject to annual review. Integra Bank reserves the right to require submission of tax returns and other business and financial information from time to time.
Equity Term Loan
The equity term loan, like the equity line of credit, leverages the value in your real estate to provide the capital your business needs. This type of loan works well for those special projects that require a longer capital commitment. There is a set repayment schedule of principal and interest over a fixed period of time, usually longer than a typical non-real estate secured loan.
| Purpose | Permanent working capital, specific one-time financing need |
| Amount | Up to $1 million1 |
| Rate | Variable or fixed interest rates |
| Payment | Monthly principal and interest |
| Maturity/Amortization | Up to 10 year maturity and 15 year amortization2 |
| Collateral | Real estate |
1Subject to credit approval. Processing fee, annual fee and closing costs may apply.
2Subject to annual review. Integra Bank reserves the right to require submission of tax returns and other business and financial information from time to time.
Real Estate Mortgage Loans
Whether it's to purchase a building, construct a new building, make improvements or expansions to your existing building, we have the products to fit your needs.
| Real Estate Term Loan | Construction Loan | |
| Purpose | Purchase, refinance and improvements of commercial real estate | Construction of commercial real estate |
| Amount | Up to $1 million1 | Up to $1 million1 |
| Rate | Variable or fixed interest rates | Variable |
| Payment | Monthly principal and interest payments | Interest monthly |
| Maturity/Amortization | Up to 15 year maturity and 20 year amortization2 | Up to 18 months before amortization or payoff |
| Collateral | Owner occupied or investment commercial real estate | Owner occupied or investment commercial real estate |
1Subject to credit approval. Origination fee and closing costs may apply.
2Maximum maturity and amortization on investment real estate is 10 years and 15 years, respectively. Integra Bank reserves the right to require submission of tax returns and other business and financial information from time to time.
Equal housing lender.