|
|
| Commercial Loans |
| At Union State Bank, we'll work with you to
help your business succeed. Commercial loans are available for the establishment of a new
enterprise or the purchase of an existing business. They are also
available for the expansion, renovation, or working capital for
existing businesses.
DIRECT COMMERCIAL LOANS: Are available to applicants for all types of credit purposes. Requests are reviewed to determine whether they meet the bank's credit standards. Those not totally qualifying can be directed to SBA for possible guarantee by them. Requesting approval from SBA does not necessarily mean that they will approve a marginal credit. SMALL BUSINESS ADMINISTRATION: Loans granted under this program are guaranteed through the SBA. The percent of guarantee is determined by the factors of the loan. With the guarantee of SBA, the bank can accommodate applicants which may not have qualified under normal bank underwriting, therefore helping the community to retain or add a viable enterprise to the community. WHEDA: Business loans offered through WHEDA. You
can email Jim
Lamack and Barbara
Porath or call them at 920-388-3466.
|
|
"Your Hometown Bank for over 95 Years" |