Business Lending
Take your business to the next level with Island Federal’s Business Banking
Business Lending Solutions
Working Capital Line of Credit**
- Provides your business with revolving short-term financing for payroll, purchasing inventory or to pay suppliers
- Pay interest only on the amount drawn, not the entire line.
- Giving you the flexibility to borrow and repay as needed
Fixed Term Loans
- Enables you to purchase new equipment or machinery for your business without impacting your cashflow.
- Letting you spread out the cost of equipment over time at a low fixed rate.
Equipment Line of Credit
- Provides a pre-approved financing amount for your upcoming equipment purchases
- Allows to purchase equipment when you need it, as you need it.
Business Overdraft Line of Credit
- Convenient access to cash whenever you need it
- Competitive rates As Low As 12.25% APR*
*APR= Annual Percentage Rate. Rates and terms are accurate as of 07/15/2025.
** A Working Capital Line of Credit is subject to credit review and annual review
Products & Services
Cash Back Checking
Cash Back Rewards with every swipe
Mortgage
Home buying built for you
Vehicle Loans
New, Used, or Lease Buy-Out; You can save with Island
Savings
Make your money work for you
Certificates
Build your wealth with Island’s certificates
Personal Loans
Extra cash for when you need it most
College Loan
Save on college expenses with Island Federal