Edgewater Bank provides fast, local decision making to help keep your business moving in today's fast-paced climate.
Whether your needs are short-term or long-term in nature, Edgewater has a loan product to assist. Lines of credit, equipment loans, and commercial real estate are just three of the loan types available at Edgewater.
Edgewater also specializes in Small Business Administration, Rural Development, and other third-party loan enhancement programs.
Commercial Lines of Credit
Almost every business needs financial flexibility to meet the wide range of short-term expenses that occur now and then. A commercial line of credit can help you keep your business running smoothly through the peaks and valleys of business cycles. Lines of credit are normally granted on a twelve months basis, based on cash flow needs and collateral support. Lines of credit typically finance the cash needs associated with accounts receivable and inventory fluctuations.
- Account Receivable financing
- Inventory Fluctuations
- Other Short-term needs
Commercial Term Loans
When it is time to acquire or upgrade machinery or purchase new titled vehicles, Edgewater Bank has the loan product to assist. Terms vary in length and rates because your purchases are so varied.
- Machinery and Equipment Purchases
- Machinery and Equipment Upgrades
- Titled Vehicles
- Farm Equipment
Commercial Real Estate Loans
At Edgewater, you will find friendly advisors who are ready to help structure a commercial real estate loan to purchase, refinance, or renovate your facility.
- Office Buildings
- Manufacturing Plants
- Warehouse/Distribution Facilities
- Other Types of Commercial Properties
SBA/Rural Development/Credit Enhancement Loans
Edgewater’s business lending officers are well versed in Small Business Administration, Rural Development, and other types of credit enhancement loan programs. We can assist you in determining the right loan for you and help usher it through the approval process. The terms and conditions of these special programs provide immediate and substantial benefits to your business.
Please contact us to discuss a business lending solution tailored to your needs.