Business Banking Questions
- What information is required by the bank to consider my loan request?
- What kinds of loans are of interest to the bank?
- What kind of business is of interest to the bank?
- What loan products does the bank offer?
What information is required by the bank to consider my loan request?
In general, loan decisions are based on an analysis of several key performance indicators, including:
- Three years annual financial statements and most recent interim statement of borrower
- Three years federal tax returns for the borrower and guarantors
- Personal financial statement of guarantors
What kinds of loans are of interest to the bank?
We will consider all loans on a case-by-case basis but we generally focus on loans of $250,000 or more to profitable companies that are supported by collateral and owner guarantees.
What kind of business is of interest to the bank?
We will consider companies in most industries including manufacturers, wholesalers, distributors and firms engaged in all types of services.
What loan products does the bank offer?
We offer a diverse variety of individually tailored lines of credit, term loans and standby letters of credit. We do not offer trade finance products at this time.
