Our Commercial Lending team, along with the Board of Directors, understands the local business community and has designed a wide range of financing options. We look forward to learning more about you and your business and to customizing a loan package that best meets your unique business needs. 

• Lines up to $50,000 available
• Access cash simply by writing a check
• Variable interest rate charged only on amount accessed
• Low monthly principal payment requirement
• Terms up to three years are available

• Variable interest rate charged only on amount accessed
• Use for a variety of reasons:
  
  • Purchase inventory
  • Finance accounts receivable
  • Seasonal cash flow requirements
  • Fund business opportunity
  • Take advantage of cash discounts
• May qualify for government assistance
• Revolving credit with a three year maturity

• Borrow a defined amount for a specific period of time
• Interest rate may be fixed or variable
• Loan may be secured or unsecured, depending upon purpose, maturity and credit strength
• Ideal for:
  
  • Purchase of equipment or fixed assets
  • Long term working capital
  • Improvements or upgrades in communications or computers
  • Acquisitions, partner or shareholder buyouts
• May qualify for government assistance

• Fixed and variable rates available. Variable rate tied to current index. Fixed rate for five years with index reset
• Ten year maximum term with 25 year amortization
• Available for retail, professional, manufacturing or warehouse operations
• Can be used for:
  • Site acquisition
  • Expansion, renovations, tenant improvements
  • Refinance existing mortgage
• May qualify for government assistance

• Standard term up to two years for acquisition and improvement projects
• Permanent mortgage financing options available
• Flexible and customized terms can be provided

Small Business Administration (SBA) Loans

• SBA loans are typically easier to qualify for than conventional business loans
• Longer repayment terms provide lower monthly payments
• Any applicable fees may be financed directly into the loan
• SBA 7(a) and Express Program loans can provide funds for a variety of business purposes. Proceeds can be used to fund equipment purchases, business acquisitions or expansion, finance permanent working capital or purchase real estate
• SBA 504 Loan Program. Loan proceeds can be used to purchase real estate or equipment. You can borrow up to 90% of the collateral's value