Are you looking to purchase a commercial property, or do you need a construction loan? You can use a commercial mortgage to buy, build, expand, remodel, or even refinance your business location.
We’re here to help.
Whether you’re trying to start a new business or grow a current one, our Commercial Lending Officers are here to help. We’re responsive to the financial needs of our customers and our lending experts can give you the guidance you need to make the best decisions and ensure a smooth sale.
We also offer lines of credit for working capital as well as term loans for equipment.
Our Commercial Loan Products
When you want to expand your business, implement capital improvement plans, purchase equipment or other fixed assets, a term loan from The First Bank of Greenwich may be just what you need. We offer flexible rates and terms so the loan can be customized to your needs.
Lines of Credit
For short-term cash needs, The First Bank of Greenwich offers competitively priced lines of credit.
Real Estate Loans
The First Bank of Greenwich offers a variety of investor and owner-occupied commercial real estate loans. You can use them for building purchase and improvement, as well as for land development.
Looking to build, expand or renovate your commercial building? Want to develop or construct single family subdivisions and single family homes? We’ve got a loan to help.
Small Business Administration (SBA) Loans
The First Bank of Greenwich enjoys a working relationship with the SBA. And that can work very well for your business. If you qualify, we can even help you with the SBA loan application process.
With equipment financing from The First Bank of Greenwich, you can get the equipment you need when you need it, without tying up your lines of credit. It’s also and excellent way to ease your cash flow.
Standby Letters of Credit
When you need to support financial obligations including trade payments and leases, take advantage of a standby letter of credit from The First Bank of Greenwich. These letters of credit also support advance payment requirements for non-financial contractual obligations such as performance and bid assurances, as a serving as a substitute for collateral to enhance credit facilities.
Professional Business Credit
This is a banking line of credit designed specifically for doctors, dentists, lawyers and accountants who require short-term working capital, seasonal purchases, inventory and much more.
The Commercial Loan Process
You’ll work with one of our experts who understands your business needs and will help you manage cash flow whether you’re looking to upgrade equipment, expand or renovate. They’ll help you along as you determine why you need financing, check your eligibility, compare loan options, gather the required documents and submit an application.
When coming in to speak with your Commercial Lending Officer it’s a good idea to have your personal and business tax returns, business licenses, articles of incorporation, personal and business bank statements, profit and loss statements, financial statements, business plan and the building lease.
When you’re ready to apply, simply call us at any one of our locations to make an appointment and see what your best options are.