Commercial Loans

Commercial Loans

At Exchange Bank, we serve you with a level of commitment that helps you succeed in every phase of your business. We will partner with you to make your business a success by offering all of the banking services designed to meet your specific needs. Personal, face-to-face service will give you the assurance you need to bring your business to the next level. We can structure and customize a loan program specifically for your business needs.

Contact a Commercial Lending Officer

We Offer the Following Loan Products

  • Commercial/Industrial Real Estate Loans
  • Operating Lines of Credit
  • Working Capital Loans
  • Equipment/Term Loans
  • Non Owner Occupied Residential Real Estate Loans
  • Agriculture Operating Lines and Real Estate Term Loans
  • SBA 504 & 7(a) Loans:
SBA 504 Loan Program

ELIGIBLE BUSINESSES AND PROPERTY TYPES

Almost any type of for-profit business is eligible. Commercial real-estate must be partially occupied by borrower and includes, but is not limited to, the following types of properties:

  • Office Buildings
  • Warehouses
  • Industrial Buildings
  • Manufacturing
  • Child Care Facilities
  • Professional Buildings
  • Restaurants
  • Franchises
  • Startups
  • Single-Use Buildings

 

USE OF PROCEEDS

  • Real-Estate acquisition, construction or refinance up to 90% financing available.
  • Large Equipment Acquisition up to 90% financing available.

LOAN STRUCTURES

Financing available on projects up to $10,000.00.

  • Exchange Bank & Trust typically provides a first mortgage of up to 50% of the project costs. This loan can range from $250,000 to $5,000,000.
  • The SBA, through a Community Development Company (CDC) provides up to 40% of the project costs in a second line position.

CALL FOR TERMS, RATES AND FEES

7(a) Loan Program

We specialize in providing long term permanent financing to small businesses. Our loans, including 7(a) Loan Program, are made through the Small Business Administration (SBA) guaranteed loan programs.

ELIGIBLE BUSINESSES AND PROPERTY TYPES

Almost any type of for-profit business is eligible. Commercial real-estate must be partially occupied by borrower and includes, but is not limited to, the following types of properties:

  • Office Buildings
  • Warehouses
  • Industrial Buildings
  • Manufacturing
  • Child Care Facilities
  • Professional Buildings
  • Restaurants
  • Franchises
  • Startups
  • Single-Use Buildings

USE OF PROCEEDS

  • Real-Estate acquisition, construction or refinance up to 90% financing available.
  • Large Equipment Acquisition up to 80% financing available.
  • Equipment Acquisition up to 100% financing available.
  • Debt Refinance up to 100% financing available.
  • Working Capital
  • Tenant Improvements

CALL FOR TERMS, RATES AND FEES