Home Bank offers many business lending solutions you can customize to fit the needs of your business. Choose from our loan and line of credit offerings below, or contact us to discuss options for financing your business.
Important Information about opening a Legal Entity Account: Effective May 11, 2018, new rules under the Bank Secrecy Act will aid the government in the fight against crimes to evade financial measures designed to combat terrorism and other national security threats. Each time an account is opened for a covered Legal Entity, we are required to ask you for identifying information (name, address, date of birth, social security number as well as identification documents) for each individual that has beneficial ownership (25% or more) and one individual that has significant managerial control of the Legal Entity. If you are opening an account on behalf of a Legal Entity, you will be required to provide the appropriate documentation and to certify that this information is true and accurate to the best of your knowledge. We proudly support all efforts to protect and maintain the security of our customers and our country.
The right equipment can help your business be more productive and profitable. Whether you’re looking to own or lease new or used equipment, our equipment financing solutions will ensure your business has the correct tools to grow and thrive.
We finance almost any kind of equipment that your business uses for generating revenue, including medical and dental, commercial vehicles, industrial equipment, machine tool, heavy equipment, computer hardware and software, restaurant and catering equipment, office furniture, and telephone systems.
Business Construction Loans
Home Bank construction loans help simplify the process of construction for your business, and can save you time and money. Construction loans are available with fixed-rate or adjustable-rate mortgages.
This overview shows you exactly what to expect from the building process, and how Home Bank can help finance business construction loans.
Commercial Real Estate Loans
Commercial real estate loans help you finance your way to facilities that fit your needs. Whether you’re looking to purchase new or existing real estate or develop commercial units, Home Bank can help you secure a loan with competitively low interest rates and flexible terms.
Small Business Loans
Home Bank is an approved Small Business Administration (SBA) lender. If you are seeking financing for your business, you may qualify for a long-term loan guaranteed by the SBA. These loans will help you improve your business cash flow and may be used for almost any business purpose if you meet SBA’s eligibility requirements.
Lines of Credit
Opening a line of credit allows your business access to cash and the flexibility to take advantage of opportunities. Once your application is approved, you will have access to your line of credit at your discretion.
- Line sizes from $10,000 – $100,000
- Access funds on an as-needed basis
- One-year term
- Variable interest rate
- Paying down balance replenishes credit available
- Multiple collateral options
- Finance receivables
- Seasonal working capital
- Trade discounts
- Short-term cash flow