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Woori America Bank

Commercial Loan

Woori America Bank offers various types of commercial lending products to accommodate your needs and achieve your short or long-term financial goals. We can help you financing from business acquisition, modernization or other asset purchase.

Types of Commercial Loans

Commercial Loan

  • Starting as low as $10,000

  • Up to 5 years & Fully amortized up to 5 or 10 years, depending on loan amount

  • P & I, Monthly

  • Variable Interest Rate (Indexed to WSJ Prime Rate)

Equipment Loan

  • Starting as low as $25,000

  • Up to 5 years & Fully amortized up to 5 years

  • P & I, Monthly

  • Fixed or Variable Interest Rate (Indexed to WSJ Prime Rate)

Small Business Express Loan

  • Starting as low as $10,000

  • Up to 5 or 7 years depending on loan amount & Fully amortized up to 5 or 7 years, depending on loan amount

  • P & I, Monthly

  • Variable Interest Rate (Indexed to WSJ Prime Rate)

Have difficulties in choosing what suits your needs the best?

 Take a quick glance of benefits of each product:

Use of Proceeds

Commercial Loan

  • Working Capital, Business Purchase or Expansion, Business Asset Purchase, Debt Refinance

Equipment Loan

  • New or used income producing equipment purchase or refinance

Small Business Express Loan

  • Working Capital, Business Purchase or Expansion, Business Asset Purchase, Debt Refinance

Collateral Requirement

Commercial Loan

  • Senior UCC on business assets

  • Other collateral may be required depending on your qualification

 

Equipment Loan

  • Senior UCC on equipment(s) financed

Small Business Express Loan

  • UCC on business assets

Others

Commercial Loan

  • No Prepayment Penalty

  • Auto debit from Woori America Bank Checking Account

  • Other terms, conditions and restrictions may apply

Equipment Loan

Small Business Express Loan

Have a Question?

For more information, please call customer service at 1-888-MyWoori (699-6674) or contact us online.