Bankers Healthcare Group (BHG) has extended the terms of its business loan up to 12 years to offer borrowers more flexibility and lower monthly payments, according to the company.
“A business loan’s term can have a profound impact on affordability. By extending ours an additional two years, our clients can have even more time to pay, which means they can have a lower monthly payment and maintain more financial control,” said Chris Panebianco, chief marketing officer at BHG. “Our clients want affordable lending options, and a 12-year loan offers them even more flexibility.”
Medical and professional loans are available up to $250,000 with approval within 24 hours and funding in as few as three days, BHG said. Borrowers commonly use funds for business debt consolidation, improved cash flow, buying or starting a business, financing new technology, or business growth initiatives.
Also, BHG has extended its weekday hours to midnight ET so clients can speak with loan specialists beyond traditional business hours, in addition to weekend availability from 10 am to 2 pm.
The company has been actively lending during the pandemic to support those who need funding as quickly as possible, it said. Additionally, it has established 11 new partnerships with industry, national, and regional associations to reach more professionals.
Related Articles
How to Be a Dental Entrepreneur
BHG Expands Loans and Other Financial Assistance Programs
Updated PPP Legislation Expands Help for Dentists
