HOME > Business Banking > Lending > Eagle One Loan > Terms
The Eagle One Loan Advantage
- One-page application (PDF) with no other documentation (Download Adobe Acrobat Reader)
- One day approval process
- One day access to funds upon approval
- Interest only payments (on lines of credit)
- A low origination fee of $250 (with a $150 annual fee on lines of credit)
| Line of Credit | Term Loan | |
|---|---|---|
| Use of Funds | Short-term working capital Seasonal purchases Inventory Accounts Receivable |
Long-term working capital Business expansion Refinance existing debt Equipment purchases |
| Loan Amount | From $25,000 to $150,000 | From $25,000 to $150,000 |
| Collateral | UCC-1 | UCC-1 |
| Interest Rate | Variable, based on Prime Rate plus a spread | Variable, based on Prime Rate plus a spread |
| Repayment Term | Revolving | Up to 60 months |
| Repayment Method | Automatic debit from First Republic Bank business checking account | Automatic debit from First Republic Bank business checking account |
| Monthly Payment | Interest only required | Principal and interest |
| Fees | $250 origination fee; $150 annual fee |
$250 origination fee |
Quick Links
- View terms and download application
- Qualifications for the Eagle One Loan
- Have a banker contact you (opens new window)
