Spring Back to Business

Spring Back to Business

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We are pleased to offer business owners special rates bundled with an exclusive Quaint Oak Bank Commercial Checking Account.

Bundle Details
Owner Occupied Commercial Real Estate Equipment Loan Working Capital Line of Credit
Interest Rate 2.99% 3.99% 3.25%
Fixed Rate Period 5 year fixed Up to 10 years or useful life of equipment No fixed rate period; Variable rate - Prime + 0.00%
Amortization Up to 25 years Up to 10 years or useful life of equipment No amortization
Prepayment Penalty 5%, 4%, 3%, 2%, 1%* No prepayment penalty No prepayment penalty
Fees 1% flat fee** $250 $250 loan fee; $250 annual fee
Loan Amount $200,000 minimum; $5,000,000 maximum $300,000 maximum Determined by sales, receivables, or other eligible assets
Loan Term 5 years Up to 10 years or useful life of equipment On demand


Bundle Benefits -

When you qualify for and secure one of our lending options outlined below and bundle with a Quaint Oak Bank Exclusive Commercial Checking account, you also receive $50.00 off your first order of checks, and may qualify for a Remote Deposit Capture (RDC) Scanner free of charge for the first year!




Please fill out our Contact Form for more information.



*5% in year one, 4% in year two, 3% in year three, 2% in year four, and 1% in year five.

**1% Flat Fee INCLUDES the Appraisal fee, credit reports, EDR, searches required for underwriting, costs to prepare loan documents (if prepared by the bank), and title insurance premium (must use Quaint Oak Abstract) Appraisal fee must be collected up front and will be credited at closing. The Flat Fee DOES NOT include recording fees, closing fees, notary fees, satisfaction fees, additional environmental fees, transfer tax, attorney prepared loan documents, and any other transaction related costs not listed in “included fees.”

All loans subject to approval. All applications subject to Quaint Oak Bank underwriting standards and pandemic impact analysis.

Limited time offer. Applications must be received by June 30th, 2021 and loan must close and fund by August 31st, 2021, or prior to funds running out, whichever occurs first. Excludes refinance of existing Quaint Oak Bank loans. No lending policy exceptions allowed (LTV, Credit, DSCR, etc.). The business must be located and operating in our market.

Exclusions include: start up businesses; credit facilities with construction/delayed disbursement draw periods; businesses whose revenues are primarily generated from hospitality