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Term Loans

We provide term loans for varying purposes such as machinery, equipment,
vehicles or improvements.  They may also include financing new business
acquisitions or change in business ownership.  Payments are made on an
installment basis over specified time.  These payments may be seasonalized with flexible terms to meet specific needs.

Altra is an approved SBA and SBA Express lender utilizing the SBA 7(a)
program for the benefit of longer repayment terms and less down payment
requirements for our borrowers.