Business Credit Services

Deerwood Bank understands the financing needs of small businesses. You can count on Deerwood Bank to provide outstanding customer service, including local decision making on business loans and lines of credit. So whether you are ready to increase inventory, purchase new equipment, or expand your business, you will find we make the process easy.

To finance seasonal or temporary needs such as inventory purchases or accounts receivable turnover, or to quickly take advantage of other business opportunities, Deerwood Bank can assist you with the funding you need to allow your business to operate and grow.

Apply for Loan Program Now.If you are looking to expand your business, purchase equipment, or finance fixed assets, Deerwood Bank provides term loans at competitive rates with flexible payment options.

Deerwood Bank offers first mortgages on owner or nonowner occupied commercial property, with the flexibility to tailor a loan package to meet your specific needs. We also provide construction financing at competitive rates and terms.

A Small Business Administration (SBA) loan may give you the opportunity to reach your goal of opening or growing your business when you otherwise may not have had the opportunity. We can work with you in deciding whether a SBA loan is best for your needs.

Deerwood Bank utilizes an array of state and local programs to help meet your business financing needs. We can assist in deciding whether these programs are right for you.

• To provide a quick response to your loan request, we kindly ask that you provide the following information:
• A description of your business and the people in key management positions.
• Your company's year-end financial statements- three years if available.
• Your company's most current interim financial statements.
• Current personal financial statements and tax returns for each owner of company.
• Articles of Incorporation or Partnership Agreement (if applicable).
• Use of the requested loan proceeds, the repayment plan you prefer, and the collateral being offered to secure the requested loan.
• Projections including the repayment of the requested loan.