Commercial Loans
Short-term / Revolving Loan Products
Machinery and Equipment Loans
Commercial Real Estate Loans
Small Business Administration (SBA) Loans
Short-term / Revolving Loan Products
- Operating Lines of Credit
- Loan term is for typically 1 year.
- Loan proceeds available on “as needed” basis
- Typically used for inventory or material purchases
- Secured by inventory, equipment and receivables
- Renewable loan term upon annual review and proven utilization
- Seasonal Lines of Credit
- Available for short term / seasonal business customers
- Can be utilized for both “in season” or “off season” expenses
Machinery and Equipment Loans
- Purchase Loans
- Typically available for 3, 5 or 7 years (possibly up to 10 years)
- Secured by business collateral being purchased
- Typically fixed interest rates
- Refinance & Restructure Loans
- Similar terms as Purchase Loans
- Available for refinancing of existing machinery & equipment
Commercial Real Estate Loans
- RE Acquisition Loans
- For Business or Investment purposes.
- 3 and 5 year adjustable rates available
- Typically up to a 15 year term
- Supported by income from the business or property
- RE Construction/Expansion Loans
- Typically for up to 12 months
- Fixed and adjustable rates available
- Customized to fit your construction timetable
Small Business Administration (SBA) Loans
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