Due to the recent development of COVID-19, your banking information may have changed:
| Bank | Terms |
| Affinity Bank | 1 day turn around on Lines of Credit (if existing customer) and 3 months deferred payments. |
| Bank of America | Interest only 90 days, must request |
| Bank of America | 60 day deferral of payments + line of credit |
| BBVA Compass | 60 day deferral of payments + line of credit |
| Chase | 60 day deferral of payments or interest only for 60 days + line of credit |
| Citicorp | Currently working on a deferral program on a case by case basis |
| First Citizens | No payments for 60 days (must request), business unsecured loans for up to 24 months with a low fixed interest rate |
| Lendeavor | 60 days deferred payments |
| M&T | 90 day payment deferral,interest accrues during the 3 months |
| PNC | Interest only 90 days & possible 90 day total deferment |
| PNC | 60 day deferment |
| Prosperity Bank | 60 day deferral of payments + line of credit |
| South State | Interest only 120 days |
| Wells Fargo | 3 month deferment |
| Zion Bank | Review each request, It could be a line of credit, interest only period, or a deferment of P&I for a period of time |
| SBA | Express Loan Payment , limited to 10% of Fee Income , priced at prime 3.25% plus 1% to 3% |
| Student Loans | Will be mandated to come up with a payment deferral program; https://www.sba.gov/funding-programs/disaster-assistance |
Please contact us for more information.
