FGB Distribution Expansion Loan
The FGB Distribution Expansion Loan is tailored to help distribution companies expand their operations and increase revenue. Would your business benefit from a new van or truck being added to the fleet? Want to refurbish or expand existing storage space? The FGB Distribution Expansion is designed with your Distribution business in mind. This financing option is fully tailored to fit your needs.
Features & Benefits
- Borrow up to $30 Million to purchase equipment, trucks, to expand or renovate storage space
- Enjoy flexible repayment terms of up to 5 years to repay
- Competitive interest rates available
Terms & Conditions
- The main operating account should be at FGB & can be opened upon loan approval
- For project financing, the company must contribute at least 20% equity
- The account is subject to annual reviews at a fee of 0.5%
- Construction facilities will not be considered under this product
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