Need extra cash, a new location, or the latest equipment for your
business? Make your plans happen with competitive rates on term loans
from Alaska USA.
Secured and unsecured loans can help your business grow
Alaska USA offers business and commercial loans secured with cash,
inventory, equipment, securities, or real estate. Unsecured term loans
are also available.
Choose the financing and term that’s right for your business
Financing – The amount of financing depends on the loan type, as follows:
Cash, equipment, or securities loans – $2,500 and up (please
note that if you are a sole proprietor and your financing request is
under $50,000, you should apply for an Alaska USA consumer loan).
Cash – Varies based on the purpose for the cash; typically one year
Inventory – One year
Equipment – New: seven years; Used: five years
Securities – One year
Real Estate – Up to 15 years (maximum amortization of 25 years)
Unsecured – Three years
Aircraft – 10 years
Vessels – 10 to 15 years
The details
Prepayment – None. Pay your regular monthly payment or pay in full at any time without penalty. Autopay – You may choose to set up autopay from another Alaska USA account to ensure that your loan payment is made on time. Fees – Depending on the type of loan, there may
be a commitment fee and third party fees. In addition, late payment fees
are assessed for all term loans.
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