Business Loans & Services

loan officer with customers at a computer

We understand that time is money. Our business deposit and borrowing options, and online and mobile services (which include mobile deposit) offer time-saving efficiencies leaving you with more time to concentrate on growing your business.

We offer a variety of lending solutions for your unique business needs. We are a locally-owned community bank, dedicated to working with local business owners to help businesses grow and succeed.

Commercial Loan Real Estate

Thinking about buying a new building or refinance the building you’re already in? A Commercial Real Estate Loan may be a smart option for you. Whether you occupy the building or not, our Commercial Lending Officers can help you structure terms that match your needs and budget.

  • Variable & fixed rates available
  • Terms of 5, 10 and 15 years, and amortization up to 25 years
  • Real estate secured line of credit option

Lines of Credit

A business line of credit gives the flexibility to manage cash flow and operating expenses with ease.

Sweep Accounts

A Sweep Account is a daily, automatic sweep to keep your checking account balance at a present. The sweep moves excess funds to pay down your Line of Credit or replenishes the balance in the checking account.. Sweep Accounts allow businesses to make the most of their idle cash, whether to reduce borrowing expenses or increase earnings potential. Automatic movement of funds where you need it, when you need it.

Terms of Loan  

Our term loans help with long-term goals and are designed with a specific purpose in mind. We offer a variety of terms and repayment plans.  

SBA Loans

An SBA loan can be used for a number of things including working capital, equipment, machinery, furniture and fixtures, real estate, revolving fund needs and refinancing existing debt. Through our affiliation with the U.S. Small Business Administration (SBA), we can offer small business financing with longer maturities, more competitive interest rates and higher loan to collateral ratios. 

      Who is eligible for an SBA loan? There are some requirements that small businesses have to meet. Here is a list of high-level requirements from the SBA. To qualify you must:

  • Operate for profit
  • Be small (as defined by the SBA)
  • Do business in the U.S.
  • Demonstrate a need for the loan
  • Use money for a business purpose
  • Not be delinquent on existing debt with the U.S. Government
  • Have reasonable invested equity
  • If necessary, be willing to pledge personal assets

For any questions about our Business and Commercial Loans, please call us at 765-732-3022 (800-463-7464) to talk with our Business/Commercial loan officers in Bath, West College Corner and Liberty.

All financing is subject to credit approval.