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Construciton Loans

CONSTRUCTION LOANS

  • Competitive rates for new or used equipment

  • Customized terms, designed around your business's unique needs

  • Meet needs without cutting into working capital or savings

  • Stay ahead of the competition

  • Local decision-making and processing

  • Attentive, friendly service from start to finish

What you will need

Download Checklist
  • Business Information (Secretary of State Filing, EIN, Articles, Bylaws, etc)

  • Guarantor(s) Information (current Driver’s License, SSN, etc)

  • Identifying information on all persons or entities with a 25% or greater ownership (current Driver’s License, SSN, etc)

  • Business current balance sheet

  • Last 3 years business tax returns; all schedules, statements, etc.

  • Current year-to-date income statement

  • Current balance sheet for each Guarantor

  • Last 3 years personal tax returns for each guarantor; all schedules, statements, etc.

  • Detailed collateral Information (max LTV 80% of the lesser of appraised value or purchase price)

  • For land development requests; site development plan, layout, survey, etc.

 

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