Truist Bank

Our purpose is to inspire and build better lives and communities. Truist offers financial advice tailored to the business owner and the business. We do this by investing the time to deeply understand your business and providing business insights that create value and drive smart growth.

Contact Information
General Information

Moise Xavier | VP Commercial Relationship Manager | (202) 835-9316 | moise.xavier@truist.com

Advisory Services Offered

Products & Services

Products & Interest Rates

  • Secured term loans:
    Prime- 1% Prime+ 2.5%
  • Unsecured term loans:
    Prime+ 3.15 % – Prime+ 8.05 %
  • Secured lines of credit:
    Prime+ 1% to Prime+ 4.15%
  • Unsecured lines of credit:
    Prime+.5% – Prime+ 12.08%
  • Business credit cards:
    Prime+ 8.99% – Prime+ 17.99%

Loans Offered

  • Small business loans: 
    • $50,001 – $150k
    • $150,001 – $250k
    • greater than $250,001

SBA & Other Products

  • 7(a) loans
  • 504 loans
  • SBA’s Community Advantage Program
Eligibility & Requirements

General Requirements

  • Personal Credit Score:
    680+
  • Business Credit Score:
    N/A
  • Personal Guarantee:
    Yes
  • Number of Months Financial Statements:
    12 – 24 months
  • Years in Operation:
    2 years
  • Annual Revenue:
    Depends on the loan amount requested
  • Collateral:
    Collateral requirements were needed to support the loan request

Ineligible Loan Uses

  • Adult entertainment
  • Cannabis
  • Money exchange

Note: These are generally required
Items, industries, and/or purposes that are not eligible for financing