Benefits
- Longest payment terms
- Reasonable interest rates
- Suitable for a wide range of business purposes
Drawbacks
- Longer approval times
- May require collateral
- More required documents
Quick facts and requirements
Maximum Loan Amount
Up to $5M
Loan Term
Up to 25 years
Interest Rate
Starting at Prime Rate +4.75%
Time to Funds
Under 30 days
Payment Frequency
Monthly
Ready to grow your business?
About Hockley County Texas
Hockley County Texas contains about 3 cities with more than 1000 people and a total population of 16,275. The median age in Hockley County is 35 and of those 51.90% are male and 48.10% are female. 51% of the population are married, 13.43% are divorced and 8.13% are widowed. Median rent is $620 and the median household income is $44,836.33, with an average family size of 3.