As a business owner striving for success, the path forward can seem unclear at times – but we want to light your way. With a Chartway business loan, you’ll be able to fuel growth and create a thriving business. Let us guide you on your bright way forward.
Business Loans
Unlock growth with a Business Loan made for you:
Business Auto Loan
The road to a successful business starts with having reliable transportation, and we want to help you drive your business forward with a Chartway Auto Loan.
Benefits
- Low Interest Rates – Competitive rates on both new and used vehicles
- Flexible Loan Terms – Choose from 12 to 84 months to fit your budget
- High Loan-to-Value (LTV) Options – Finance up to 110% of your vehicle’s value
- Low or No Down Payment – Based on approved credit, making it easier to get started
- Refinancing Available – Lower your current rate when you refinance from another lender
Business Equipment Loan
Having the right equipment is essential for the growth of your business, and we’re here to help you seize opportunities and enhance operations with an equipment loan.
Benefits
- No Prepayment Fees – Pay off your loan early with no penalties.
- Equipment as Collateral – Secure financing using the equipment you're buying.
- Easy to Qualify – Accessible for startups and those with less-than-perfect credit.
- Flexible Amounts & Terms – Borrow $5,000–$150,000 with terms from 12–84 months.
Commercial Vehicle Loan
Whether you're running a logistics company, construction business, or offering delivery services, our Commercial Vehicle Loan is tailored just for you.
Benefits
- Low interest rates for new and used vehicles - Get low rates, quick approvals, and affordable payments.
- Flexible Terms - Choose a repayment plan that works for your budget, with loan term options ranging from 12 to 84 months.
- Online & Mobile Banking – Manage your business finances on the go with powerful online and mobile tools.
Business Line of Credit
Whether it's working capital or seizing new opportunities, Chartway’s Business Line of Credit is your trusted partner on your entrepreneurial journey.
Benefits
- No Collateral - Enjoy the convenience of a fast, flexible unsecured credit line designed to help your business thrive without tying up valuable resources.
- Flexible Terms - Select from a wide range of term options to align with your goals and timeline.
- Online & Mobile Banking – Manage your business finances on the go with powerful online and mobile tools.
If you have questions regarding our Business Loans, please give us a call at (877) 609-8533.
Frequently Asked Questions
How can I qualify for a Chartway Business Loan?
You will need to have:
- Business established for at least two years with 1 year tax returns
- Liquidity to Total Debt = 7%
- Combined Net Worth (borrower plus guarantor) at least 3x the loan amount for term loans and lines of credit, 2x for vehicles and Residential Commercial Real Estate.
- Businesses must have a Chartway account with Prime Share and be located within Chartway’s markets (Virginia, Utah, Northern Arizona, Southern Nevada, North Carolina, Houston Texas area)
- Business documentation and identification required from borrower and guarantors
How can I reach out for more questions?
- If you have questions regarding our Business Loans, please give us a call at (877) 609-8533.
Is there a Loan Origination Fee?
- A loan origination fee will apply to each small business loan. This fee is permitted to be deducted from the loan proceeds.
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