• Provides working capital
  • Collateral is required and can include accounts receivable, inventory, machinery and equipment, furniture and fixtures, real estate, marketable securities, cash, and/or certificates of deposit
  • Maturity is typically one year or on demand
  • No amortization and payments are interest only
  • Interest rate is floating
  • Fees include set up, annual and transfer fees
  • To request funds, submit a written request via email, fax, or at a local Flagstar branch

To be eligible for these programs, your business should:
  • Meet established lending requirements and obtain credit approval
  • Be established for at least three years
  • Have a satisfactory business and personal credit history
  • Have no bankruptcies within the last 10 years
  • Be a profitable business with sufficient cash flow to meet both your new and current financial obligations
  • Have adequate business income to support the loan with no reliance on investment income
To Open an Account:
  1. Download and complete a business loan application
  2. Collect the necessary paperwork as outlined in the application checklist
  3. Apply at your local Flagstar branch

*Subject to credit review.

Fair Lending Statement

  • (888) 248-6423