Business Loan Products
Winfield Community Bank offers all types of commercial loans, with on-site approval and quick turnaround times. These products have been designed to serve the financing needs of privately held companies and entrepreneurs, while establishing and maintaining excellent banking relationships. Contact our Lending Department at (630) 871-9711 for current rates and more information.
Commercial Real Estate Loans
We provide real estate term loans secured by owner-occupied and investment property.
Commercial Construction/Acquisition Loans
Commercial construction loans are available for qualified owners or investors on business projects. Disbursements are made through a title company construction escrow. Fees for loan costs and out of pocket expenses may apply.
Equipment Loans
Loans for equipment purchases are available using the equipment being purchased as collateral.
Line of Credit
Revolving Lines of credit are made available to businesses to support cash flow needs. Term is generally one year. Lines are normally secured by all business assets and are advanced on a formula to the collateral.
For all of the above loan categories:
-Advance rates vary per collateral
-Interest may be floating or fixed
-Repayment terms vary per transaction
-Personal guarantees may be required to support the transaction
*All loan approvals are based on review of creditworthiness as determined by Winfield Community Bank guidelines.
