England Finance

May 30 2017

Bank Of Oklahoma – Loans and Lines of Credit #payday #loans #today

#bank loan


Bank of Oklahoma’s customized loan offering will simplify your business banking needs by giving you access to the resources needed to finance your business.

We offer a full line of financing options including:

Bank of Oklahoma can structure leasing transactions to meet your preferred tax and accounting needs and provide flexible purchase and return options.

Leasing allows you to:

Bank of Oklahoma provides lease financing for the following types of equipment:

  • Communication
  • Construction
  • Data processing
  • Energy production
  • Machine tools
  • Material handling
  • Medical
  • Vehicle and other transportation

Bank of Oklahoma is a SBA Certified and Preferred Lender, which means easier applications and quicker approvals for your business. SBA Loans are made and administered by Bank of Oklahoma and the SBA guarantees a portion of each loan.

Because we are SBA Certified, we participate in most of the loan programs available by the SBA including the SBA 7(a) Loan, SBA 504 Loan, SBA Express and others.

Features of SBA Loans include:

Eligibility – A wide array of owner operated and managed-for-profit businesses – from retail to wholesale, from manufacturing to service – are eligible for loans. Proprietorships, partnerships, and corporations are eligible for the SBA programs.

SBA Guarantee – The SBA guarantees a percent of loans made to businesses by banking or lending institutions. While the SBA does not make the loans, they provide the SBA Guarantee that these loans will be repaid, thus eliminating some of the risk to the lenders. The percent of the loan that the SBA will guarantee depends on the type of loan program.

Rates and Terms – Interest rates can be adjusted monthly, quarterly or semiannually, and a ceiling can be placed on the rates for the life of the loan. Fixed rates are available under certain circumstances. Terms SBA Loans depend on the use of the proceeds, with maximum terms ranging from 7 years for working capital, to 25 years for buildings and real estate.

Start planning today for your business financing, refinancing or expansion needs with the support of the Small Business Administration! Contact Bank of Oklahoma to learn more about the SBA Loan Programs available to businesses.

Useful links to related sites:

Small Business Administration: www.sba.gov

The Export-Import Bank of the United States: www.exim.gov

Bank of Oklahoma is equipped to handle all of your exporting/importing needs including:

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