Commercial Loan Rates

Interest rates for business loans are determined by the credit worthiness of each individual business. The Reference Rate is used as a benchmark for these rates.

The Reference Rate is defined as the interest rate which a financial institution charges its largest and best corporate clients, often used as a basis to price other loans.

All loans are priced as a function of the Reference Rate.

Effective January 1, 2013 the Reference Rate used by Securant Bank & Trust® is 4.00%