Business Lending

Take your business to the next level with Island Federal’s Business Banking

business banking long island

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 9.25% APR*
*APR= Annual Percentage Rate. Rates and terms are accurate as of July 2022.
** A Working Capital Line of Credit is subject to credit review and annual review