COMMERCIAL & INDUSTRIAL LOANS
Revolving Lines of Credit
Revolving credit is a line of credit that remains available over time, even if you pay the full balance.
Term Loans
A term loan is a monetary loan that is usually repaid in regular payments over a set period of time.
Asset-based "Light" Loans
Asset-light debt is a form of corporate debt where the amount of collateral is below typical standards.
Owner Occupied Commercial Mortgages
Owner-occupied commercial mortgages are a type of commercial mortgage that's used to purchase or refinance a property that will be used as the premises of the applicant.
COMMERCIAL REAL ESTATE
Commercial and Industrial
A commercial real estate loan is a mortgage secured by a lien on commercial property as opposed to residential property.
Construction and Mini-Perm
Sometimes, banks or other construction lenders will issue a construction loan with a promise to later provide a mini-perm loan once the project is built and the construction loan's term is complete. This type of loan is referred to as a construction/mini-perm combo.
Retail
Retail mortgage means a mortgage that is primarily secured by a first or subsequent lien on one-to-four-family residential property.
Distribution
Distribution Loan means a Loan that is made in whole or in part for the purpose of paying a Quarterly Distribution.
Warehouse
Mortgage warehouse funding is simply a short-term funding arrangement extended—usually by a financial institution—to a mortgage originator to provide funds for its loan closings.
SPECIAL SITUATION LOANS
Ownership Transition
Owner financing allows these companies to still proceed with an employee ownership transition and provides the owner with an exit in these scenarios.
Business Acquisition
A business acquisition loan is a small business loan that's designed for financing the purchase of an existing business or franchise.
Permanent Working Capital
Capital that is needed to make liability payments even before the enterprise is able to change invoices or assets into cash is called the permanent working capital loan. This type of loan is needed by the business for a long and sometimes very long period of time.
Unique Industries
We work with businesses in a wide range of industries and offer loan programs structured to meet your unique financing needs.
Turnaround Bridge Financing
Short-turnaround bridge loans are an excellent solution when a borrower needs cash immediately. These loans can help borrowers who might have an unsteady cash flow and need a financial boost until a bank approves a second, long-term loan or they complete a significant sale.
AVAILABLE SERVICES
Basic Business Checking
Business checking accounts are used more for day-to-day transactions like purchases or bill payments. These accounts allow you to make deposits and withdrawals and can offer checks and debit card capabilities. Deposits can be made using ACH, wire transfers, cash, and other electronic fund transfers (EFT).
Small Business Checking
Small business checking is designed for businesses with lower balances and fewer financial transactions.
Prime Business Checking
A Prime Business Checking account offers big value without the hassle of big banks. This account is designed for businesses that would like to earn interest on their higher-maintained balances.
Business Money Market
A business money market account is basically a mix of a checking account and a savings account. Making deposits is easy and the number of deposits you can make is unlimited. While you can access your money easily, there are some limitations.