Q: How do I know which type of loan is best for my financing needs?
A: Your personal banker or loan officer will work with you to identify your best loan option.

Q: What are the criteria for a commercial loan approval?
A: Your current credit standing and past credit history are important aspects in determining the acceptance of your application. The cash flow of your existing business is also a vital element of your overall credit picture, along with your income and spending patterns.

Q: What rates or fees will I pay for my commercial loan?
A: Because loan structure, amounts and repayment terms vary, so do the rates and fees charged for loans. All commercial loans are tied to the prime interest rate, and move accordingly. Fixed rate loans are also available if you prefer.

Q: Who makes the final decision regarding my loan application?
A: A qualified loan officer will carefully review your application after all the necessary documentation has been gathered. Remember, lenders want to make loans, so it's in your best interest to promote yourself, your business, and your expansion plans.

Q: When should I contact my loan officer?
A: Staying in touch with your loan officer on all financing decisions is good management practice. Your loan officer is always available to help you sort financial product options. If you have not been introduced to your loan officer call or stop by the bank for a personal meeting. We are here to serve all your financial needs.

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