Business Line of Credit:
IMPORTANT INFORMATION
Chase Business Line of Credit Annual Fee: 0.25% of line ($200 min; $750 max). Fee can be waived if average utilization over the year is 40% or higher.
Chase Business Line of Credit has a revolving period of up to five years. At the end of the five-year revolving period there is a five-year repayment period. The revolving period may be terminated by Chase at any time in its discretion. Maximum online request amount is $250,000. Financing options for needs larger than $250,000 are available. Visit your local branch to discuss more options to meet your business needs. Product available in all U.S. states excluding Hawaii and Alaska.
Please consult your branch or relationship manager for the latest interest rates, associated fees (Appraisal, Recording, Tax Transcript, etc.), closing costs and/or balance requirements as they may differ among different geographic locations. Not all products and services are offered at all locations.
Chase Business Term Loans are typically 5 years. $0 origination fee, prepayment fees apply to loans greater than $250,000. Term loans are available for $5,000 - $500,000. Online application for $5,000 - $250,000. Fixed monthly payments consisting of principal and interest are based on your loan agreement. Product available in all U.S. states, excluding Hawaii and Alaska. Customers seeking different terms or more information should contact a Chase representative.
The above material is for promotional purposes only. All extensions of credit are subject to the credit approval process of JPMorgan Chase Bank, N.A.
These materials are intended as an outline and do not summarize all the terms, conditions, representations, warranties, and other provisions to be mutually agreed upon and contained in definitive loan documentation. Standard loan documentation to be made available prior to closing. Interest rates and eligibility requirements may differ among different geographic locations. Restrictions and limitations apply.
