Small Business Loans

Small Business Loans and Lines of Credit can be used to help you reach the goals and objectives of your business. Qualifications include:

• Amount needed is less than $150,000
• Business has been in operation for at least 2 years
• Clean credit history for business as well as the owners
• Business has shown profit for the last two years

Loans and Lines of Credit to Accommodate Your Business

Small Business Loans can be used for one-time purchases and/or long-term funding. They can provide:

• Equipment or other fixed asset financing
• Three to five year flexible repayment plans
• Fully amortized monthly payments
• No prepayment penalties or balloon payments

Small Business Lines of Credit can offer cash flow for a variety of short and long-term business needs. Features include:

• Credit advances by phone or online
• Minimum interest-only payments
• Provides overdraft protection for Heritage Bank business accounts

The Process is Quick and Easy

Most requests of $150,000 or less can be easily applied for by completing a simple application form. Please provide the following information:

• Current personal financial statement/s for each owner/guarantor
• Previous three years personal tax returns for each owner/guarantor (including all schedules)
• Previous three years business financial statements -OR- Previous three years complete business tax returns (not required for sole proprietorship)

Give us a call or stop by for complete information. We're committed to helping you find the best solutions for your financial needs.