Get your perfect lending solution by choosing one or both of the following credit options:
We can help you capitalize on opportunities for your business by providing you flexible solutions with great benefits, prompt answers, and expert service.
To take advantage of this special offer, apply now!
Offer expires May 19, 2017.
You can choose to stop receiving "prescreened" credit offers from this and other companies by calling toll-free 1-888-567-8988. See PRE-SCREEN & OPT-OUT NOTICE in the disclosures below for more information about prescreened offers.
1Unsecured Business Term Loan: The Annual Percentage Rate (APR) for unsecured business term loans is determined based on the specific characteristics of the credit transaction, including the loan amount and the credit score and history of the Business and other obligors. APRs range from 7.22% APR on a new unsecured loan in the amount of $100,000 to a borrower with an A credit grade, to 28.50% APR for less qualified borrowers. The foregoing rates assume that all loan payments will be automatically debited from a BBVA Compass business checking account. If you choose not to have payments auto-debited, the APR will be one-quarter of one percent (0.25%) higher.
2Business Convenience Line of Credit: The Annual Percentage Rate (APR) for unsecured business convenience lines of credit is variable and is determined based the specific characteristics of the credit transaction, including the line of credit amount and the credit score and history of the Business and other obligors. APRs range from Prime + 3.31% (currently 7.06% variable APR) on a new business convenience line of credit in the amount of $100,000 to a borrower with an A credit grade, to Prime + 25% (currently 28.50% variable APR) for less qualified borrowers. The foregoing rates assume that all loan payments will be automatically debited from a BBVA Compass business checking account. If you choose not to have payments auto-debited, the APR will be one-quarter of one percent (0.25%) higher. A $150 annual fee is charged on the first day after the line of credit is closed and booked and the same day every year thereafter. Additional fees and terms may apply.
Final approval subject to evaluation of information provided on acceptance certificate and form 4506-T. BBVA Compass will make loan or line designation based upon sales size. The credit offer described in this letter is based on information indicating that the Business meets certain criteria set by BBVA Compass that relate to the Business’ creditworthiness, solvency, ownership and operations. This offer is not guaranteed, and BBVA Compass reserves the right not to extend the offered credit if it determines that the information was incorrect or the Business no longer meets this criteria. BBVA Compass also reserves the right to offer a credit card as a minimum credit offer at $2,000 if it declines to extend the requested credit to the Business. If the Business requests additional credit, BBVA Compass may require and consider additional information, and reserves the right to withdraw this credit offer based on any additional information. Minimum loan amounts apply. If you select business credit options that reduce the amount of credit available for any of the other lines of credit below their minimum amounts, you may be ineligible for those lines of credit.
All loans and credit cards subject to approval, including credit approval. Credit, collateral and underwriting standards apply. All rates and offers subject to change without notice. Please contact a BBVA Compass banker for details.
Lines of credit are subject to credit approval. Secured or unsecured credit lines available. Compass Bank Prime is a reference rate that we have established for use in computing and adjusting interest and is subject to change (increase or decrease) at our discretion, and is only one of the reference rates or indices that we use. You acknowledge that we may lend to others at rates of interest greater or less than Compass Bank Prime.