Line Of Credit

Line of Credit is one of the institutional financing programs available for your business on the TIAA Bank. Like the usual lines of credit available on other banks, take advantage of the TIAA bank’s line of credit which gives you access to a certain credit limit or amount from which you can draw and only pay interest from the amount you draw only.

To get other details about this product which include the APR, the repayment schedule, down payment, and late fee, contact the representative or the email that the TIAA attached to the product.

Loan amount                                                               Minimum of $5 Million

Terms                                                                          Up to 15 years

Equipment Loan

If you need a loan to purchase equipment for your business, TIAA bank also offers the equipment purchase loan as part of its product; this helps the growth of your business. The needs might be for medical devices, it might be any equipment to expand your office or furnish it for your business and it might be software equipment, contact TIAA bank for the equipment loan service.

You can get 100% financing under this TIAA equipment financing product, unlike most similar products with other banks which are largely contributory. You don’t also have to see out the terms before buying out or terminating the deal once you can meet the requirement for doing so.

The business issues you can use the TIAA bank equipment loan to solve include Master leases, TRAC leases, Capital/finance leases, Operating leases, Sales leasebacks agreement, and equipment loans.

Loan amount                                                              $10,000- $25M

Terms                                                                          3-7 years

Commercial Real Estate

When you want to raise funds for mortgage investment, take advantage of the commercial real estate with TIAA bank.

You have the options of single-tenant, multi-tenant, and multi-family commercial real estate financing.

The property type available for your business, for which you can take this financing is the office, warehouse, medical office, and light industrial.

Understand that the average Loan-to-value of this real estate financing is from 75% to 85%

Loan amount.                                  $2M- $50M

Terms.                                               3-7 years                                                                                  

TIAA Bank does not display other loan details on the website, contact the email of the representative on the website to know the details of the loan to decide to enquire about the loan.

Term Loans

For all kinds of business financing, consider taking up the TIAA bank term loan; they provide working capital, real estate finance,  funds to purchase equipment, or even for the expansion of your operation.

Engage with TIAA bank to tailor your loan according to your needs; get the amount and terms of payment on agreement with TIAA bank as it best suits your business need. The term of the loan can be up to 15 years with the finance beginning from $5M.

Consider the payment structure by the income you project within a determinable number of years.

Loan Amount                      From $5M

Term                                     Up to 15 years

Get the other details about the TIAA bank term loan by contacting the email and representatives of the bank.

Vendor Equipment Financing

If your business needs equipment for investment in healthcare, construction, materials handling, transportation, manufacturing, or technology, approach TIAA bank to subscribe to Vendor Equipment Financing.

The financing covers diagnostic, imaging, dental, ophthalmic, veterinary surgical software, life sciences, and oncology if you want equipment for the healthcare section.

It covers class 6, 7, and 8 trucks, semi-trailers and bodies, bucket trucks, digger derricks, boom trucks, vocational trucks, work trucks, and varieties of specialty vehicles if yours is in the transportation section.

It also covers bulk material handling equipment, Industrial trucks, storage, and handling equipment, engineered systems, and positioning equipment if your business is about material handling.

TIAA Bank Vendor Equipment Financing also covers earth moving equipment, truck, and hauling equipment, paving and compacting equipment, lifting and material handling equipment, drilling and trenching equipment, tunneling equipment, light, and ancillary equipment,  and also construction vehicles if you are in the construction business.

It is also worth mentioning that this side of the TIAA bank business loan is available for you if you are in the capital marketing sector for projects like the purchase of class 1 to 9 trucks, Material handling, aerial lifts, information technology, telecommunications, and manufacturing.

Specialty and Lender Funding

If you are a middle market lender, ABL lender, specialty finance lender,  you run a captive finance company, a bank or large financial institution, asset management firm, private equity, and fund management, TIAA bank as a lender of lenders can be a source of financial help to your business through its specialty and lender funding.

To be able to use this product, your transaction size must be in the region of $30 million to $100 million, and expect your repayment term not to be more than 5 years. It’s with public or private investment grade structures.