Business Loans

Edgewater Bank offers personalized service and flexible solutions to provide you with the support you need to successfully manage the various lifecycles and needs or your business. As commercial banking experts, our lending professionals will take the time to thoroughly understand the financial needs of your business and develop a financing plan tailored to your company’s exact needs. We also understand the importance of responding to your borrowing and banking needs in a timely manner, and can deliver on the commitment of promptness because all lending decisions are made locally by individuals who know and understand the local market.

Business Lending

  • Lines of credit to support working capital needs
  • Short-term financing to meet seasonal needs
  • Term financing to purchase or refurbish machinery and equipment
  • Term financing to purchase vehicles, trailers, or other titled equipment
  • Term financing to refinance/restructure existing debt
  • Acquisition financing to purchase or expand a business

Commercial Real Estate Lending

  • Term loans for the purchase of commercial property
  • Term loans for the refinance/restructure of existing real estate debt
  • Construction financing for the development of commercial property
  • Term loans to refurbish and/or modernize commercial property
  • Term loans for the purchase or refinance of multi-family residential property

Small Business Lending

  • Specialized lending products/programs for small businesses
  • Flexible lending programs for “Main Street” merchants

Small Business Administration Lending

  • SBA 7(a) loan guaranty program
  • SBA 504 loan program

Specialized Lending

  • Short-term and term financing for professional organizations
  • Short-term and term financing to facilitate the “buy in” for professional organizations
  • Short-term and term financing for churches and other non-profit organizations
  • Short-term and term financing for municipalities, townships, and public fund entities
  • Lines of credit for Agricultural production
  • Term loans for agricultural machinery and equipment and real estate needs

Personal Loans For Business Owners

  • Short-term loans to fund personal business needs
  • Term financing for various purposes, including equity injections

Starting The Business Lending Process

It’s important to work with a local, experienced commercial banker who will listen, provide counsel, and structure a lending and deposit plan geared specifically for you and your business. Our approach is face-to-face and personalized, but here are some of the items that will assist in getting the process started:

  • Business Organizational Documents
  • Last 3 years of business tax returns, including all schedules
  • Most recent interim business balance sheet and income statement
  • Most recent accounts receivable aging report, if applicable
  • Last 3 years of personal tax returns, including all schedules, for all 20% or greater owners
  • Current personal financial statement for all 20% or greater owners
  • Buy-Sell Agreement for real estate purchases, if applicable

Contact the Commercial Lending Team Secure Personal Financial Statement

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