Business Loans

Business Loans2018-11-02T13:44:09+00:00

The availability of capital is critical to any business. When you need extra capital, turn to William Penn Bank for your borrowing needs, including mortgages, loans, and lines of credit. Our Business Banking Officers will partner with you to understand your needs as a business owner.

Commercial Mortgage

With a commercial mortgage from William Penn Bank, you can purchase, refinance, or construct real estate for your business. Commercial Mortgages offer:

  • Competitive interest rates
  • Flexible repayment terms up to 10 years with amortization up to 25 years
  • Easy monthly payments that can be made over the phone or at a local branch
  • Also available for Commercial Real Estate Investments

Commercial Term Loan

When you have a one-time need such as a company vehicle, machinery or equipment, or renovations to your facility, consider a term loan with William Penn Bank. Commercial Term Loans offer:

  • Fixed or variable rates
  • Flexible repayment terms
  • Easy monthly payments that can be made over the phone or at a local branch

Commercial Line of Credit

This type of loan is excellent for businesses in need of short-term working capital or seasonal cash flow. Instead of submitting requests for multiple loans, business owners can draw on the credit line as needed, reducing hassle and increasing ease of accessing cash. Commercial Lines of Credit offer:

  • Ability to automate payments
  • Interest only repayment terms
  • Variable rates

Small Business Administration (SBA) Loans

As part of our commitment to our community, William Penn Bank has partnered with the SBA to help start, build, and grow local businesses. Contact one of our experienced and professional business lenders to learn more about these programs. We’re proud to be an SBA lender.

Want more information about SBA Loans? Click Here.

NMLS# 466589

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