Business Loans*

Revolving Line of Credit
A Muskegon Commerce revolving line of credit gives your business the flexibility it needs to easily access funds for any short-term financing need. Once your line is established, you can borrow against it whenever you need to, repay it, and once it's repaid, borrow again. When your business requires cash for seasonal working capital, purchasing inventory, financing receivables, taking advantage of trade discounts, or managing cash flow, our line of credit allows you to manage the situation to your advantage.

Construction and Mortgage Loans
We offer a full range of construction loans. And if we don't have one that matches your business' needs, we'll fashion one. We specialize in short term construction loans that, upon building completion, convert to long-term financing. We can structure mortgage loans with a maturity of up to 15 years and amortization from 15 to 25 years. Whether you are seeking a mortgage for owner-occupied properties or developer/investment properties, we can provide one that will help your business grow.

Equipment Term Loans
We're specialists at providing installment loans for financing the equipment purchases your business needs to take its performance to the next level. Our flexible financing options cover most types of new income producing machinery and equipment. Even if you have recently purchased equipment, we can help you get financing that fits with your cash flow situation. In addition, our equipment term loans offer these benefits:

• Flexible repayment terms
• Simple application process
• Local decision making on all applications

Letters of Credit
If your business needs to guarantee payment or its performance to a vendor or municipal government unit, we can help by issuing a letter of credit in your favor. Or if you are accessing the capital markets via tax exempt or taxable bond financing, our letter of credit can support the bonds and guarantee payment to the bondholders, thereby enhancing the financing for all concerned. Ask one of our bankers for more details.

Government-Sponsored Loans
We have extensive experience in helping businesses take advantage of special local, state, and federal loan programs, including those available from the Small Business Administration. Our bankers can work with you to determine if your business qualifies. They can advise you on how to complete the applications so your firm's request gets fair and impartial consideration.