Competitive Loan Options for our Commercial Clients

Commercial Lines of Credit

An established funding amount for a business whereby funds can be drawn as needed.

• Payment is made based on funds used rather than complete amount available
• Credit is pre-authorized and does not need additional approval each time funds are drawn up to the limit of line
• Finance short term working capital needs
• Terms and availability are determined by the type of collateral, financial strength of business and other factors
• Subject to credit approval

Commercial Loans

Loans of varying purposes made to businesses.

• Funds available to improve cash flow management and business, and may be used for longer term needs when short term cash flow is sufficient
• Terms of loans vary by collateral, type of business, financial strength of client and projected use of funds.

Commercial Construction and Development Loans

A business loan that is secured by an interest in either residential or real estate property.

• Funding may include loans on vacant land, construction and development
• Loan terms are customized for the intended use of the land being purchased.
• Loan pricing based on financial strength of client, loan-to-value of the transaction, and the risk inherent in the project

Real Estate Loans

A business loan where funds are used to acquire, refinance or invest in real estate property.

• Custom tailored loan programs for raw land, improved vacant land, and improved property
• Loan is secured by a mortgage on the property
• Government assisted programs are available
• Financial strength of borrower, type of collateral, business history and other matters

Letters of Credit

A letter for the client’s supplier to guarantee payment of credit.

• Process resembles the loan approval process
• Terms of the letter can be custom designed to meet both client and supplier needs
• Provides low cost reserve and may avoid or defer the interest cost of financing trade purchases
• Payment to supplier is guaranteed (subject to credit approval)

American Commercial Bank & Trust offers many different lending options for your business’s needs.

Contact one of our Commercial Banking Officers for more information.