Business Loans
Whether you are a large or small business owner, having a bank that knows and understands your business is important.
At State Bank of Riverdale we realize that each business is unique and has special needs to better manage its business
activities. Because no one knows your business better than you, we will work with you to provide you with an account
that gives you the benefits and flexibility that you need.
To explore the ways that State Bank of Riverdale can help you meet the challenges of running your business, contact
Kevin Nienhueser to discuss your goals and needs. With over 18 years of business banking experience, Kevin will work
with you to find the options that best fit your particular business situation. If you’d like to view a basic list of
discussion topics and important documents that may be helpful for your first meeting with Kevin,
click here.
To learn more about State Bank of Riverdale’s business lending products and services, see the links below.
State Bank of Riverdale Business Banking Products:
Business Checking Accounts
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Business Advantage Checking
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Business Advantage with Interest Checking
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Short-Term Credit Options
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Business Line of Credit
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Short-Term Working Capital Loan
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Long-Term Credit Options
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Business Term Loan
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Business Real Estate Financing
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Small Business Administration Loans
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Business Advantage Checking
Description
This checking account is designed to meet basic small business needs. Maintain a minimum average daily balance
of $750 and enjoy unlimited checks and debit card transactions with no monthly service fee. No charge for deposited items.
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Business Checking Accounts
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Business Advantage Checking
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Business Advantage with Interest Checking
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Short-Term Credit Options
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Business Line of Credit
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Short-Term Working Capital Loan
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Long-Term Credit Options
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|
Business Term Loan
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Business Real Estate Financing
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Small Business Administration Loans
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Business Advantage with
Interest Checking
Description
This account is for qualified ownership categories. Interest paid and compounded monthly. Maintain a minimum average daily
balance of $1,500 and you’ll enjoy unlimited checks and debit card transactions with no monthly service fee. Visit with us about
discounts and line of credit availability.
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Business Checking Accounts
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Business Advantage Checking
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|
Business Advantage with Interest Checking
|
Short-Term Credit Options
|
|
Business Line of Credit
|
|
Short-Term Working Capital Loan
|
Long-Term Credit Options
|
|
Business Term Loan
|
|
Business Real Estate Financing
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|
Small Business Administration Loans
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Business Line of Credit
Description
Lines of credit are a flexible way to meet your fluctuating borrowing needs.
You can borrow up to the pre-established maximum of your line of credit as needed
and make payments accordingly.
Business Use
- Manage fluctuating cash flows
- Easily access short term borrowing for growth opportunities
- Meet season inventory purchasing needs
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Business Checking Accounts
|
|
Business Advantage Checking
|
|
Business Advantage with Interest Checking
|
Short-Term Credit Options
|
|
Business Line of Credit
|
|
Short-Term Working Capital Loan
|
Long-Term Credit Options
|
|
Business Term Loan
|
|
Business Real Estate Financing
|
|
Small Business Administration Loans
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|
Short-Term Working
Capital Loan
Description
This type of loan fulfills short-term financial needs for unexpected growth opportunities and cash flow fluctuation. The term of this loan is typically less than one year.
Business Use
- Small equipment and supply purchases
- Unexpected delay in receivable collection
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Business Checking Accounts
|
|
Business Advantage Checking
|
|
Business Advantage with Interest Checking
|
Short-Term Credit Options
|
|
Business Line of Credit
|
|
Short-Term Working Capital Loan
|
Long-Term Credit Options
|
|
Business Term Loan
|
|
Business Real Estate Financing
|
|
Small Business Administration Loans
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Business Term Loan
Description
This type of loan fulfills longer-term financial needs for larger purchases and permanent working capital.
The term of this loan is typically three to five years with a predetermined repayment schedule of monthly
principle and interest.
Business Use
- Equipment purchases
- New project financing
- Establish working capital for the business
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Business Checking Accounts
|
|
Business Advantage Checking
|
|
Business Advantage with Interest Checking
|
Short-Term Credit Options
|
|
Business Line of Credit
|
|
Short-Term Working Capital Loan
|
Long-Term Credit Options
|
|
Business Term Loan
|
|
Business Real Estate Financing
|
|
Small Business Administration Loans
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Business Real Estate Financing
Description
This type of loan fulfills business/investor financing needs for the purchase or development of commercial properties.
Business Use
- Owner-occupied real estate purchase
- Industrial real estate development
- Real estate investments
- Commercial rental properties
- Multi-family residential rentals
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Business Checking Accounts
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|
Business Advantage Checking
|
|
Business Advantage with Interest Checking
|
Short-Term Credit Options
|
|
Business Line of Credit
|
|
Short-Term Working Capital Loan
|
Long-Term Credit Options
|
|
Business Term Loan
|
|
Business Real Estate Financing
|
|
Small Business Administration Loans
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Small Business Administration (SBA) Loans
Description
These loans are backed by government sponsored loan guarantees.
SBA loans are issued through State Bank of Riverdale and offer businesses
who may not otherwise qualify for conventional bank financing access to the
credit their business needs to grow.
Business Use
- Business start-up expenses
- Working capital
- Term equipment and real estate financing
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