BORROWING

Business Term Loan

Get your Business started the right way.

Cash Secured Loan

Unsecured Loans

Personal Line of Credit

Cash Secured Line of Credit

Business Term Loan

Whether it is a loan to purchase equipment or a business vehicle or for working capital, NBD offers a range of maturities with fixed rates to help you purchase the tools to continue to grow your business.

Need financing to achieve your next level of success?
Get funding for equipment, machinery, computers, or furniture for company vehicles, business expansions, and working capital.

Consider a cash secured loan

If you already have an NBD CD or savings account or willing to open an account with NBD, you may be able to use it as collateral to secure a business loan, while your money continues to grow.

Unsecured Loans

With no collateral required you can borrow a specific amount and pay back in regular monthly payments. An NBD unsecured loan is a general-purpose loan for customers who need money in a single lump sum and requires no collateral. It may be used for almost any financial need. Maximum amount – $50,000 Approval is based on your credit rating and ongoing relationship with us.

Here’s what you’ll need to apply for an NBD Business Term Loan

Questions?

Visit us, call 1-767-255-2300, or Ask NBD via the form provided.

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Daily Rates

INTEREST RATES
12 to 24 Month CD $5,000 to $500,000: 2.05% Above $500,000: 2.05%
36 to 48 Month CD $5,000 to $500,000: 2.10% Above $500,000: 2.25%
Savings  2.0%

Updated October 22ND 2019

CURABRBCBDSELL
USUSD2.67002.68822.7169
UKGBP3.3166

3.4346

3.6276

EUEUR

2.8471

2.9131

3.1331

CADCAD1.95071.9757

2.1467

BDSBDS1.34321.34321.3568
TTDTTD0.4381
* Rates are provided for information purposes only and are subject to change.

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