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 02/29/2024.
** A Working Capital Line of Credit is subject to credit review and annual review