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Term Loans: are intermediate-term in length. Fixed and variable rates are available. Term loans are suitable for fixed asset purchases, like machinery, equipment, vehicles and furniture.
Time & Demand Loans: are short-term in length. Fixed and variable rates are available. Time & demand loans provide temporary funding prior to the completion of a contract, sale of an asset, or similar event.
Lines of Credit: are short-term in length, with variable rates. Lines of credit are suitable for short-term assets, like inventory and receivables.
Letters of Credit: are short-term in length, with variable rates. Letters of credit are suitable for bonding purposes.
Commercial Mortgage Loans: are long-term in length. Fixed & variable rates are available. Commercial mortgage loans are suitable for the purchase, refinance, or significant renovation of real estate.
Construction Loans: are short-term in length. Fixed and variable rates are available. Interest-only payments are due during the building phase; upon completion, the loan converts to a mortgage loan.
Tax-Exempt Financing: Special below-market rates are available for municipalities, hospitals, fire companies, and other organizations that meet specific eligibility requirements.
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