The process begins with the borrower having a clear plan. We can finance business expansion with a loan for working capital, equipment purchase, real estate or inventory. We also finance start-ups. A commercial lender is often a partner in the loan.

You will need a solid business plan that includes a detailed list of sources and uses of the loan dollars and marketing strategy. There is a loan application process that requires business and personal financial information and three year projections. We require at least a 10% equity participation, collateral equal to one dollar collateral for one dollar of loan. Our loan board reviews the loan applications and makes a determination at that meeting.

We do not finance existing debt.