Term Loans
Stable financing for long-term growth and priority initiatives.
Steady financing. Predictable payments. Built for small business growth.
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Predictable Fixed Payments
Lock in a fixed interest rate and fixed term for consistent monthly payments you can rely on. A term business loan provides stability that makes budgeting easier.
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Lower Borrowing Costs
Keep borrowing costs manageable with competitive interest rates tailored to your business and collateral.
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Fast, Local Decisions
Our experienced team makes lending decisions locally — helping you move forward quickly with confidence.
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Flexible Repayment Options
Structured repayment options designed to align with your business cash flow. Plus, there are no prepayment penalties if you choose to pay off your loan early.
Term Business Loans
A fixed business loan provides upfront capital with structured, predictable repayment. With loan amounts up to $250,000 and terms up to 10 years, businesses can secure stable financing for equipment purchases, expansion, and long-term investments.
Benefits include:
- Loan amounts up to $250,000
- Fixed interest rate
- Terms up to 10 years
- Predictable monthly payments
- No prepayment penalties
- Local decision-making
Whether you’re expanding operations, improving facilities, or investing in fixed assets, a term business loan delivers the stability and structure your business needs.
Get Started
Elizabeth C., Tyngsborough, MABest in customer service. Jeanne D’Arc Credit Union
treats you like family. Feel the love!
Ready to get started?
To apply for loans, open accounts or to schedule a meeting to discuss your business, contact:
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Robert Boley
VP – Business Services
Office: (978) 703-7982
Mobile: (978) 421-4644
Email: [email protected] -
Michelle Sapienza
VP – Commercial Loan Officer
Office: (978) 323-3237
Mobile: (978) 323-3237
Email: [email protected]
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Lisa Carroll
Business Development Officer
Office: (978) 703-7932
Mobile: (978) 703-7932
Email: [email protected] -
Chris Del Valle
Business Development Officer
Office: (978) 703-7996
Mobile: (978) 888-3871
Email: [email protected]
FAQs about Term Loans
A business term loan provides a lump sum with a fixed repayment schedule over a defined period. A business line of credit is revolving, allowing you to borrow as needed and pay interest only on the amount used.
Loan amounts are available up to $250,000 with terms up to 10 years, depending on the needs of your business and loan structure.
Jeanne D’Arc Credit Union term business loans feature fixed interest rates for consistent monthly payments and long-term rate stability.
Yes. An equipment financing term loan can be used to purchase machinery, vehicles, technology, and other fixed assets that support business expansion and operational improvements.
Collateral requirements vary based on the loan structure, amount, and borrower qualifications. A personal guarantee is required.
No. There are no prepayment penalties on Jeanne D’Arc Credit Union business term loans.
Yes. Your business must be a member of Jeanne D’Arc Credit Union to apply. A $5.00 Membership Account is required. Eligibility is based on geographic and organizational criteria within our service area.
Typical documentation includes*:
- Most recent business tax return
- Year-to-date profit and loss statement
- Current balance sheet
- Personal financial statement
- Business plan (if in business for less than 2 years)
*Additional documentation may be requested depending on the loan request and structure.