Your first reporting bank business loan puts you on the lending radar

The following compilation is not meant to encompass all banks and credit unions that offer secured business lending. In reality, most financial institutions that provide business loans are willing to offer secured options upon request, but they do not actively promote it. The organizations mentioned below openly advertise their secured business lending products, thereby streamlining your search and increasing your chances of approval.

Banks

1. Bank of America: Secured Term Loan from $25,000 to $250,000, up to 5-year terms, and 3.5% interest rate.
2. PNC Bank: Secured Term Loan from $100,000 to $3 million, up to 7-year terms, and WSJ Prime interest rate.
3. Union Bank: Secured Line of Credit up to $1 million with interest-only monthly payments based on balance.
4. Wells Fargo Bank: Secured Business Credit Card from $500 to $25,000 credit line. Enroll by calling 844-480-2800.
5. First National Bank: Secured Business Credit Card from $2,000 to $100,000 credit line. Security 110% of credit line.
6. Bank of the West: Secured Term Loan from $10,000 to $750,000, up to 7-year terms with a variable interest rate.
7. Banner Bank: Secured Term Loan from $50,000 to $1,000,000, up to 5-year terms with a variable interest rate.
8. Benton Bank: Secured Term Loan from $10,000 offering discounted rates for deposit-secured term loans.
9. Fifth Third Bank: Secured Line of Credit from $10,000 to $100,000, no interest until drawing money from the line.
10. Key Bank: Secured Line of Credit $10,000 to $500,000, interest-only options, renewable in 12 months.
11. Truist Bank: Secured Line of Credit or Term Loan, fixed and variable rate options, loans up to $500,000.
12. Bank of Nevada: Secured Term Loan up to $250,000, approval decision normally within 2-3 business days.
13. Alaska USA Bank: Secured Line of Credit or Term Loan, from $2,500 up to $250,000, one-year renewable terms.
14. American Savings Bank: Secured Term Loan from $10,000 up to $250,000, 90% of cash asset, up to 5-year terms.
15. IBC Bank: Secured Term Loan from $5,000 to $100,000, up to 5-year terms with a fixed interest rate.
16. Timberland Bank: Secured Term Loan offering fixed and variable rates with flexible payment length terms.
17. Zions Bank: Secured Term Loan, up to 7-year term, up to $500,000, with fixed or variable interest rate.
18. City National Bank: Secured Line of Credit from $10,000 to $1 million, up to 5-year terms, auto-payments.
19. Central Valley Community: Secured Line of Credit or Term Loan, loans from $25,000 to $250,000, various terms.
20. Woodforest Bank: Secured Line of Credit or Term Loan, loans from $1,000 to $250,000, fixed rate, CD secured.
21. Ion Bank: Secured Term Loan up to $100,000, up to 5-year term, and fixed interest rate.
22. Apple Bank: Secured Line of Credit or Term Loan loans from $500 to $100,000, fixed rate, CD secured.

Credit Unions

1. Go Amplify Credit Union: Secured Line of Credit or Term Loan from $25,000 to $1 million, renewable every 24 months.
2. Astera Credit Union: Secured Term Loan from $10,000 to $100,000, up to 7-year term, and 3.5% fixed interest rate.
3. Metro Credit Union: Secured Business Credit Card from $1,000 to $25,000 credit line, $45 annual fee, CD secured.
4. SIU Credit Union: Secured Line of Credit and Equipment Financing, various programs, must call for more info.
5. Hudson Valley Credit Union: Secured Term Loan and Equipment Financing, up to 5 years term, and fixed interest rate.
6. Mountain America Credit Union: Secured Line of Credit from $50,000 to $250,000, 2.0% to 2.5% over prime interest rate.
7. VyStar Credit Union: Secured Term Loan from $500 to $500,000, up to 5-year term, 2% over CD interest rate.
8. Michigan State Credit Union: Secured Line of Credit or Term Loan, loans from $10,000 to $1 million, interest-only payments.
9. Point West Credit Union: Secured Term Loan from $10,000 to $500,000, 2.24 fixed interest rate, CD share secured.
10. Zeal Credit Union: Secured Term Loan, up to 7-year term, up to $500,000, with fixed or variable interest rate.
11. PSE Credit Union: Secured Term Loan, up to 10-year term, up to $1 million, with fixed or variable interest rate.
12. Westerra Credit Union: Secured Term Loan, up to 1-year term, up to $1 million, interest rate 3% above CD rate.
13. Yolo Credit Union: Secured Line of Credit (Loan amount range, terms, and interest rates not disclosed; must call for details).