As a parnter in your company's future growth, we've desgined our Business Banking Accounts to fit your needs today, tomorrow, and for years to come. Your choice to bank with a local team assures timely corespondence, quick request turnaround, and customizations based on your specific circumstances that continue to be adjusted as your needs change.
Count on Valley Republic Bank to support your business banking needs.
Lines of Credit
Lines of credit provide your business with cash for a variety of short-term financing needs, including providing seasonal working capital, carrying receivables, and purchasing inventory. Lines of credit may be either secured or unsecured.
Term loans assist your business for a variety of long-term financing needs, including purchasing machinery, equipment, and vehicles. Terms up to 7 years, fully-amortized.
Commercial Real Estate
Valley Republic Bank offers commercial real estate loans designed for the purchase or refinance of commercial and industrial real estate. Terms up to 10 years with a 25-year amortization. Loan-to-Value varies by property type, but loans up to 70% of appraised value are available.
Construction loans are available for commercial, industrial, and residential projects. Land acquisition and development loans are also available if construction is expected within 12 months. Since your construction loan is administered locally, inspections and disbursements are handled quickly and efficiently.
SBA / State Guaranteed Loans
Valley Republic Bank participates in a variety of SBA and state guaranteed loans. These loan programs offer lines of credit for seasonal working capital, term loans to purchase a variety of long-term assets, and commercial real estate loans with up to 90% financing on owner-occupied real estate.
For more information on the SBA 504 Loan Program, please visit our partner, Mid State Development at http://www.msdcdc.org.