Commercial Loans
Let Us Help with Your Commercial Lending Needs!
- Installment Loans
- Construction Loans
- Business Lines of Credit
- Equipment Term Loans
- SBA Loans
- Commercial Letters of Credit
- Equipment Leasing
- Floor Plan Line of Credit
- Public Fund Solutions
- Real Estate Loans
- Apply Now
Installment Loans
Alliance Bank's Installment Loans can be used to finance a fixed-asset purchase such as equipment and vehicles. It's also a great way to finance permanent working capital or debt consolidation.
- Loan amounts completely based on your needs
- Various terms to meet your cash flow
- Easy application process with quick turn around time
- Competitive interest rates
Construction Loans
Use an Alliance Bank Commercial Construction Loan for your new or expansion projects. You need a bank that not only lends dollars, you need one that lends an ear.
Alliance Bank's business bankers' first responsibility is to listen to you. They know every business as well as every owner or manager is unique. They know you have special needs and circumstances that may not fit the mold and may take "thinking outside the box". If your business is unique, thank goodness so is Alliance Bank!
Our construction loans include an ongoing review of construction plans, associated costs, surveys, title policies, appraisals and a number of items related to the construction process.
- Draws are monitored against the balance of the cost to complete the project
- Interest is paid only on the amount borrowed as construction progresses
- Floating rates indexed to prime
Business Line of Credit
Sometimes, business experiences a gap in cash flow – perhaps due to expansion of accounts receivable or inventory. In these situations, which tend to be short-term, a commercial line of credit can be a good option.
Our Business Line of Credit is ideal if your business needs credit on a seasonal or cyclical basis, has fluctuations in cash flow and /or you purchase larger amounts of inventory to take advantage of discounts.
- Loan amounts completely based on your needs
- No prepayment penalty
- Flexible borrowing and pay down can minimize interest expenses
- Can also be money-saving, when used to take advantage of supplier discounts
- Easy application process with quick turn around time
- Competitive interest rates
- Floating rate tied to Prime Rate
Equipment Term Loan
Our business term loans help finance major expenses like equipment or expansion of operating facilities. Financing made fast, simple, and cost effective.
If you need financing for the acquisition of furniture, fixtures, machinery or equipment, Alliance Bank has term loans to help you finance your investment.
- Regularly scheduled payments that allow you to fit your cash flow needs
- Competitive interest rates
- Fixed or variable rates available
- Flexible terms ranging from 36 months to 7 years
- Various collateral options available
SBA Loans
Grow your business beyond what you can imagine. Small Business Administration (SBA) and other government-guaranteed loans can offer financing you need. We can help you navigate through that process.
The Small Business Administration (SBA) is a good resource for start-up funding. The SBA administers such programs as the CommunityExpress loan program, guarantees loans provided by a lender and organizes educational seminars for start-up entrepreneurs.
Our commercial lending experts can help guide you through the process.
The Alliance Bank Advantage
- Loans approved quickly
- Small Business knowledge & experience
- Terms up to 20 years
- Minimal down payment, as low as 10%
- Competitive fixed and variable rates
- Loans may be assumable
- Full line of personal and business banking products
Commercial Letters of Credit
Commercial Letters of Credit are conditional promises to pay if certain documentary requirements are met.
The Letter of Credit acts as substitution of credit risk. Essentially, the bank promises to pay under the terms of the Letter of Credit, regardless of the client's financial position at that time. In a best-case scenario, these Letters of Credit will be drawn upon to fulfill an obligation.
- Can be used to purchase goods or services, domestically or internationally
- Requires commercial approval when the client issues the Letter of Credit
- Must be tied to a commercial line of credit
- When client receives the Letter of Credit, no approval necessary
Equipment Leasing
Equipment leasing is a great way to grow your business without significant out-of-pocket expenses possibly with better value, convenience and control. More than $100 billion worth of equipment is now acquired through leasing each year. No longer used only by major corporations, businesses of all kinds and sizes now utilize leasing to acquire the use of the equipment they need.
- You select the equipment and negotiate the price with the dealer of your choice.
- After your lease application is approved, we buy the equipment from the dealer and lease it to you for a term ranging from 3 to 7 years.
- We can schedule annual, semi-annual, quarterly, or monthly payments.
- Special payment dates can even be arranged to accommodate your cash flow requirements.
- Just about any kind of equipment, including:
- Construction Equipment
- Operating or Production Equipment including Computers
- Tractors, Combines, & Implements
- Trucks or other Vehicles
- Grain Bins and Handling Equipment
- Irrigation Systems
- Spraying & Fertilizing Equipment
Floor Plan Line of Credit
Floor plan financing is a revolving line of credit that allows the borrower to obtain financing for retail goods. These loans are made against a specific piece of collateral (i.e. an auto, RV, manufactured home, etc). When each piece of collateral is sold by the dealer, the loan advance against that piece of collateral is repaid.
- Provides dealers short-term financing of inventory held for retail sale
- Provides flooring of recreational vehicles, boats, and autos, new and used
Public Fund Solutions
For the unique financing needs of companies in the public and non-profit sectors.
- School districts
- Cities
- Counties
- Townships
- and many Not-for-Profits
Real Estate Loans
Alliance Bank can provide loans for a wide range of commercial real estate purposes.
- Apartments
- Office buildings
- Retail space
- Medical office
- Warehouse and industrial properties
- Funding typically within 30-60 days of application
- Rate lock at commitment for up to 60 days
- Renovation loans
- Personal service and attention you expect and deserve
Apply Now
Our customers know they can depend on Alliance Bank for Business financing. Whether you need construction financing, buying real estate, purchasing new equipment, looking for working capital or to cover input costs or a term loan, our streamlined credit approval process gives you quick and efficient options for funding your needs.
When your business is growing and you need capital, don't let anything get in your way. Get the capital your business needs from the bank you trust.
- Answer Essential Questions About You and Your Business
- Request the Business Loan
- Get Financed