Business Loans

Term Loans

Term loans provide a lump sum of capital that is repaid over a fixed period with regular payments. They are ideal for businesses looking to make long-term investments, such as expansion or major purchases. These loans are best for established businesses with strong credit and financial history. 

Operating Lines of Credit

Many businesses experience seasonal changes in their cash flow. An operating line of credit offers flexible access to funds as you need them while making interest only payments up to their line of credit's limit. They are a good option for managing short-term financing needs, such as covering payroll, seasonal expenses, or unexpected costs.

Commercial Real Estate Loans

If your business is in need of a new space, renovation, or refinancing, a commercial real estate loan can be used to accomplish your goals. They can be used on office buildings, warehouses, retail spaces, and investment properties. These loans typically have longer terms and may require substantial collateral. 

Equipment Loans

If your businesses is looking to invest in new tools or necessary machinery, equipment loans are designed specifically for purchasing business equipment. They can be used to purchase machinery, vehicles, or technology. The equipment itself often serves as collateral for the loan.

SBA Loans

SBA loans are partially guaranteed by the U.S. Small Business Administration, making them less risky for lenders and often easier to qualify for. They can be used for a variety of purposes, including working capital, equipment purchases, and real estate.

USDA Rural Development Loans

USDA loans are  designed for businesses looking to establish or expand their business in rural areas. These loans are aimed at promoting economic development in rural areas. They provide funding for projects that create or retain jobs in rural communities.