• Fully amortized loan up to $1,000,000 for small businesses.

BizEssentials® Term Loan

A secured or unsecured loan with your choice of a fixed or variable rate, the BizEssentials® Term Loan* is popular for new equipment purchases, which can be eligible for special tax benefits like full depreciation in the first year**.

Product Features

  • Secured loan amounts from $25,000 - $3,000,000
  • Unsecured loan amounts from $25,000 to $500,000
  • Fixed and variable interest rate options
  • Flexible terms up to 84 months, depending on collateral***

Product Benefits

  • Potential tax savings**
  • Multiple payment options
  • Secured and fully-amortized

*Subject to credit approval

**Consult your tax advisor for details.

*** Collateral can include industrial equipment, office equipment, vehicles and certificates of deposit.


  • Get credit you can count on every day with a BizEssentials Line of Credit
    AD 2 - Business Lending Questions

Federal Deposit Insurance Corporation Banking products and services are provided by First Tennessee Bank National Association. Member FDIC. Logo_Equal_Housing_LG Equal Housing Lender.