SunTrust Bank is based in Atlanta, GA. It was founded in 1865 and offers access to business loans in state across the USA..
Yes, SunTrust Bank charges a loan origination fee.
Yes, SunTrust Bank charges borrowers with a late payment fee.
Yes, SunTrust Bank charges additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment penalties can reduce or even cancel the interest savings of repaying a loan early.
SunTrust Bank does not require borrowers to have been in business for a minimum number of years. Active duty servicemembers and their covered dependents cannot apply for a loan via SunTrust Bank. The Military Lending Act prohibits lenders from charging servicemembers more than a 36% APR.
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