Business Loans: Growing Your Business
At Grand Rapids State Bank, we offer a variety of products and services to help you establish, maintain and grow your business. Our team of Business Bankers has one main purpose in mind – delivering sound and viable solutions to help your business succeed.
Real Estate Loans - Construction and permanent loans on most types of commercial property and buildings.
Lines of Credit - Seasonal or revolving loans, or to bridge gaps in receivables or finance inventory.
Term Loans - Loans for equipment, capital improvements, company vehicles or other business needs. Irregular or skip payment options are available to address seasonal cash flow.
Letters of Credit - Performance and financial standby letters of credit for most commercial purposes. Provide and clear commercial documentary letters of credit for trade purposes.
Gap Loans - SBA loans (Section 7A or Section 504 loans) for long-term fixed rate commercial building finance. Other non-bank gap financing is available through regional and quasi-public institutions that specialize in business development and job creation. Limited documentation (low doc) loans for working capital, equipment financing and real estate acquisition.
Overline - Helps your company avoid accidental overdrafts - a line of ready credit for short-term needs.
Contact us today!
E-mail or call a GRSB business banker for more information.