Loans & Lines of Credit

Loans & Lines of Credit

At The Bank of Fincastle we recognize that every company is different and requires customized financing. We have the knowledge, expertise and the corporate resources to meet your needs. We proudly offer a unique combination of quality financial products and services from lending to trust — at competitive prices — all at the high level of quality service that you can expect from The Bank of Fincastle.

 

Secured and Unsecured Installment Loans

A term loan, either secured or unsecured, is most often the option that business customers choose when borrowing money to finance business needs; perfect for small expansions, debt restructuring, purchasing equipment, or financing company vehicles.

For details about specific loan products, terms, conditions and rates, contact us at 473-2761 or visit any Bank of Fincastle branch office.

Real Estate Loans

Commercial real estate loans are ideal for long-term financing of owner-occupied property.

  • Terms and amortization up to 25 years
  • Down payments are negotiable
  • Loan amount determined as a percentage of the property's appraised value

For details about specific loan products, terms, conditions and rates, contact us at 473-2761 or visit any Bank of Fincastle branch office.

 

Construction Loans

Commercial construction loans can be obtained for owner-owned new construction or expansion.

Construction Loans for Builders

The Bank of Fincastle works with both builders and developers. We offer financing for both residential and commercial new construction and residential developments.

For details about specific loan products, terms, conditions and rates, contact us at 473-2761 or visit any Bank of Fincastle branch office.

 

Revolving Lines of Credit

If you need the flexibility of access to capital, we can design a line of credit program to suit your needs. Use it to better manage your cash flow, take advantage of special purchase opportunities, or for emergency situations. We are able to offer revolving lines of credit, competitive interest rates, interest only payment options, and an easy extension process.

For details about specific loan products, terms, conditions and rates, contact us 473-2761 or visit any Bank of Fincastle branch office.

 

Small Business Administration Loan Programs

Small businesses are important to community growth, creating jobs, advancing technology and contributing valuable tax dollars to the area. To help small businesses compete in today's competitive marketplace, The Bank of Fincastle has joined with the Small Business Administration (SBA) to offer SBA guaranteed financing to qualified borrowers. Our partnership benefits small-to-medium businesses which think big and have the management experience to turn plans into reality. If you have a worthwhile business expansion or investment need, we have medium and long-term financing programs available at competitive rates.

SBA loans can be used for the following business purposes:

  • Construction of new commercial buildings
  • Purchase of existing land or buildings
  • Business acquisition
  • Renovation and improvements
  • Financing equipment, furniture or fixtures
  • Finance increase in inventory
  • Working capital

For details about specific loan products, terms, conditions and rates, contact us at 473-2761.