Express Small Business Lending

Business moves fast, and your small business needs to act quickly when opportunity strikes. With Pioneer’s Small Business Loan and Line of Credit, you can go from completed application to funding within a few short business days. 

Find a Branch Near You

Our Process:

Bring the required documents to any branch and complete an application


Once your completed application is submitted, our local lending team will provide a decision within two business days.


Schedule a closing and get funded quickly!

Small Business Line of Credit

Our revolving line of credit is easily accessible when funds are needed to cover unexpected business expenses or manage fluctuations in cash flow, such as inventory purchases, payroll, or while awaiting the receipt of accounts receivable.

  • Utilize funds as needed to manage cash flow1
  • Competitive interest rates. Click here to view our current rates.
  • Monthly principal and interest payments2
  • No annual clean-up period is required

Small Business Term Loan

Invest in the long-term success of your business with a term loan from Pioneer. Borrow up to $100,000 for fixed asset purchases like vehicles and equipment with repayment options up to five years. A term-loan offers competitive interest rates with a fixed monthly repayment schedule so you can borrow – and grow – with confidence.

  • Competitive interest rates. Click here to view our current rates.
  • Maximum amount of $100,000
  • Maximum term of up to 5-years
  • Monthly Principal and Interest payments3
  • Used for the purchase of fixed assets4

Required Document Checklist:

  • Valid US or NYS Issued Identification
  • 1 Year Business Tax Returns or Accountant-Prepared Year End Financial Statements
  • 1 Year Personal Tax Returns of All Owners 20% or More
  • Organizational Documents

Additional Documentation* for Term Loans:

  • Copy of Invoice
  • Equipment Detail, including Make, Model, Copy of Title, and Serial Number

*Note: this is not an all inclusive list and additional information may be requested as part of the approval process.

1. Loan proceeds must be used for business purposes only, to support the working capital needs of the business name in loan documents. Funds cannot be used for personal purposes or real estate transactions. $100,000 maximum lending amount. Must be secured by a lien on all business assets. The maximum aggregate Pioneer exposure is $250,000 (per borrower or guarantor to qualify for the “Small Business Line of Credit” or “Small Business Term Loan”). Personal guarantees on all owners of 20% or more are required. Pioneer has other products available for exposure exceeding these amounts.
2. Monthly payments of interest plus 2% of outstanding principal to be made via auto-deduct, is required to be set up at the time of loan origination. 
3. Fixed monthly payments of principal and interest via auto-deduct is required to be set up at the time of loan origination.
4. Maximum loan to value of 90% on new fixed asset purchases; maximum loan to value of 80% on used fixed asset purchases.