Law Firm Term Loan
Establish or build your business with greater financial ease with a Term Loan from Esquire Bank.
Use it for virtually any set purpose: purchase office furnishings, fixtures and equipment; launch a technology initiative; cover building repairs or remodeling; or finance other business-building projects.
Collateral focuses on the firms’ inventories of merchants (Asset Based Loan)
Flexible draw periods converting to repayment terms
Range of maturity terms of up to seven years
Amortization terms of up to 15 years
Limited financial restrictions placed on the firm or owners
Highly competitive rates and fees, typically better than non-bank finance companies