We offer a variety of commercial loans with competitive rates and terms to meet both the short and long term borrowing needs of your company. Whether you’re looking for ways to better manage your business cash flow or are expanding your operations, we have the lending solutions that work for you and your business.
Term Loans and Leases
Finance the acquisition of equipment, machinery, vehicles, business purchases, partner buyouts, etc… Loans are typically amortized over a period of up to 10 years or the useful life of the equipment.
Commercial Lines of Credit (LOC)
Commercial lines of credit will assist in meeting your company’s short term borrowing needs giving you flexibility and access to capital. Line amounts, collateral and terms are customized to meet the specific needs of your business.
Asset Based Lines of Credit
Asset based lines of credit are available to utilize a percentage of eligible accounts receivable or select inventory as collateral for the line.
Equipment Lines of Credit
Equipment lines of credit provide businesses the flexibility of a pre-approval for future equipment needs. When ready to buy simply provide a purchase invoice and loan documents are prepared with pre-approved terms. Advances under the line are converted to a term loan with the balance of the line remaining available for future equipment needs.
Commercial mortgages are typically used to purchase or refinance investment or owner-occupied commercial real estate. Financing terms up to a 25 year amortization are available.
Commercial Construction Loans
Commercial construction financing is available for ground up/renovation projects for investment or owner-occupied properties such as multi-family, office buildings, shopping/retail centers and warehouse facilities.
Small Business Administration (SBA) Loans
The U.S. Small Business Administration (SBA) provides several loan guaranty programs designed to allow Hamilton Bank greater flexibility in providing term loans and commercial mortgages to our clients. The Commercial Lending team is very experienced with the various SBA loan products and can work with your business to find the program that best fits your specific needs. Some of the more popular SBA programs are the SBA Advantage Program (previously known as the 7(a) program) and the SBA Grow Program (previously known as the SBA 504 program).