Business Loans

Checking

Compare Accounts Basic Business Checking Business Interest Checking Analyzed Checking Total Business Checking Community Checking Business Debit Cards Additional Business Services

Savings

Business Savings Account Community Statement Savings Business Freedom Money Market Account Additional Business Services

Borrow Credit Cards

Treasury Management

Merchant Services Remote Deposit Capture Deposit & Liquidity Solutions Payables Solutions Commercial Credit Cards QuickBooks

Digital Banking

Business Online & Mobile Banking Peoples Bank Mobile App Online Banking FAQs Online Banking How-To Videos eStatements

Peoples Bank has been helping businesses grow for 120 years.

Whether you are starting a business or need more capital to grow, we have local, experienced business bankers available to assist you!

Business Lines of Credit

What does a business line of credit offer?

• Customized structures to best meet your needs

• Flexible rates and terms

• Online transfer of funds

• Check-writing access

• Multi-year renewable terms

Real Estate Loans

What do real estate loans offer?

• Flexible rates and terms

• One-time lump sum for real estate purchases OR

• Disbursed funds throughout building project for real estate construction loans

• Fully amortizing and balloon payment options available

How is a real estate loan used?

• For new-site construction of an owner-occupied business property

• For purchasing or refinancing an owner-occupied business property

• For expanding or remodeling an existing property

Commercial Letters of Credit

Why get a Commercial Letter of Credit?

• If you import or export goods internationally

• To help ensure that sellers get paid and that buyers get the promised deliverables

• To provide a safe and secure way to send and access funds

How can you get a Commercial Letter of Credit?

• Find your local business banker with the link provided below

• Utilize their experience and partnership to determine the best option for your enterprise

Standby Letters of Credit

Why get a Standby Letter of Credit?

• To secure a large contract with a hesitant client

• To ensure that sellers get paid and that buyers get the promised deliverables

• To act as a type of insurance in case your business is unable to deliver

How can you get a Standby Letter of Credit?

• Find your local business banker with the link provided below

• Utilize their experience and partnership to determine the best option for your enterprise

Term Loans

What does a term loan offer?

• Customized repayment options to correspond with anticipated cash flow

• Flexible rates

• Flexible terms

• A variety of maturities

What can I fund with a term loan?

• Property acquisition

• Equipment financing

• Business buyouts

• Expansions

• Debt consolidation

SBA Loans - Preferred Lender Program

What does Peoples offer as a Preferred SBA Lender?

• Expedited loan approval process

• Local decision making

• SBA Loans up to $5,000,000

• Terms as long as 25 years

• Loans for veteran-run businesses

What are a few ways an SBA Loan can be used?

• Creative Payment Options

• Longer Terms

• Borrower's looking to conserve cash

• For Purchase, construction, or property improvements

• Businesses with collateral challenges

• Improve working capital needs

• Start up businesses

• Partner buyouts

USDA B&I Loans

What does Peoples offer as a USDA lending partner?

• Lending options for nonprofits and for-profits alike

• Up to 30 year terms on real estate loans

• Up to 15 year terms on equipment loans

• Fixed and variable rate options

• Interest-only options available

What are a few ways a USDA Loan can be used?

• Purchase of property or building

• Purchase of equipment

• Debt refinancing

• Acquiring or expanding other businesses