Business Loans
Lines of Credit
Business Needs
- Ready access to funds – credit is pre-approved
- Structure to match the conversions of assets to cash for repayment
Features and Benefits
- Pre-approved borrowing limits from $25,000
- Approved and reviewed annually
Asset Based Line of Credit
Business Needs
- Ready funding for account receivables’ growth
Features and Benefits
- Credit availability from $50,000
- Approved and reviewed annually
Commercial Term Loan
Business Needs
- Specific amount for specific term
- Acquisition or merger financing
Features and Benefits
- Flexible term amortization up to 7 years
- Financing up to 80% of cost on equipment
Commercial Real Estate Loan
Business Needs
- Financing to build, buy or refinance
- Specialty financing in acquisition, development, construction lending
Features and Benefits
- Extended repayment terms
- Fixed or variable rate loans
- Amortization schedule up to 25 years
Not for Profit Financing
Business Needs
- Financing for projects
Features and Benefits
- Repayment terms to match
- Fixed or variable rate loans
- Amortization schedule up to 25 years for real estate
Typical Application Requirements
Business Needs
- Application or letter outlining request
- Personal financial statements for each guarantor
- 3 years’ business financial statements and tax returns