Small Business Lending

Lending Programs Up to $50,000

You need money to operate your business and we have money to lend.  We offer competitive loan rates with personalized service whether you're interested in a small business loan or a business line of credit.  Businesses large and small all need equipment and tools to help their business grow.  We can assist you with purchasing new vehicles, equipment or additional cash flow through a line of credit or real-estate lending.  Together we can make a difference.

Vehicle & Equipment Loans
Business Loans Benefits Details
Vehicle Loans

Vehicles are a necessary part of all businesses.  Whether it is an auto, truck or other type of vehicle we can help you afford the tools you need.

Vehicle Types:
Auto, Truck, RV, Motorcycle and Outdoor Activity Vehicles

Loan Limit Amount:
Up to $50,000

Maximum Loan to Value (LTV):
80%

Fees:
Up to 1% Origination Fee

Rates

Equipment Loans Improving efficiency can decrease expenses, increase revenue and can also positively impact employee morale.  Ineffective equipment can negatively impact your business operations throughout various aspects of the business.  Ensure your equipment is at top performance and we can help you finance what your business needs.

Loan Limit Amount:
Up to $50,000

Maximum Loan to Value (LTV):
80%

Fees:
Up to 1% Origination Fee

Rates

Lines of Credit
Business Loans Benefits Details
Business Ca$hFlow Line of Credit

Ensure your business has the cash flow needed to operate fully by attaching a line of credit to your business checking account.  With a Business CashFlow Line of Credit you are protected should you attempt to process a payment and not enough funds are available in your business checking account.  The loan will only be utilized as you need it and you will only pay interest on what is accessed.  Get the added protection you deserve today.

Loan Limit Amount:
$500 to $20,000

Details
Business Checking Account Required

Fees: 
$25 Annual Fee

Rates

Business Visa Credit Card

We understand that you need a credit card to run your business but you don't need your credit card to be an expense item.  Offering credit lines from $500 to $15,000, no annual fee and a 25-day grace period on purchases.  This card can help you purchase the necessities to operate your business.

Loan Limit Amount:
$500 to $15,000

Rates

Secured Business Visa Credit Card

A VISA secured credit line will provide you with the flexibility of a credit card, no annual fee and a 25-day grace period on purchases.
 
Collateral
The funds within the savings account are held as collateral.

Loan Limit Amount:
$500 to $15,000

Maximum Loan to Value (LTV):
90%

Rates

Savings Secured Line of Credit

A secured line of credit offers the ability to borrow money at a very competitive rate.  This product will provide additional funds in the form of a credit line while keeping the funds you have saved within your account.

Collateral
The funds within the savings or certificate of deposit account are held as collateral.

Loan Limit Amount:
$500 to Account Balance

Maximum Loan to Value (LTV):
100%

Rates

Business Real Estate Loans
Business Loans Benefits Details
Business Real Estate

This loan is secured by business real estate for purchase, capital improvement projects, additions and refinances. 

Commercial Property Examples:

  • Rental properties and apartment complexes
  • Office buildings and facilities with space leased to tenants
  • Other types of non-specialized commercial real estate

Collateral
Business real estate will be secured as collateral.

Loan Limit Amount:
Up to $50,000

Maximum Loan to Value (LTV):
80%

Fees:
Up to 1% Origination Fee

Geographic Area:  Properties located in the following counties will be considered: Albany, Fulton, Montgomery, Rensselaer, Saratoga, Schenectady, Warren, and Washington.

Rates

Real Property Improvement Loan

A loan product for businesses who want to borrow to improve or repair real property including a 1-4 family residence. 

Commercial Property Examples:

  • Rental properties and apartment complexes
  • Office buildings and facilities with space leased to tenants
  • Other types of non-specialized commercial real estate

Collateral
Business real estate will be secured as collateral.

Loan Limit Amount:
Up to $50,000

Maximum Loan to Value (LTV):
80%

Fees:
Up to 1% Origination Fee

Geographic Area:  Properties located in the following counties will be considered: Albany, Fulton, Montgomery, Rensselaer, Saratoga, Schenectady, Warren, and Washington.

Rates

Business Line of Credit Secured by Real Estate

A line of credit secured by business real estate for capital improvement projects, additions, and any other major expense. 

Commercial Property Examples:

  • Rental properties and apartment complexes
  • Office buildings and facilities with space leased to tenants
  • Other types of non-specialized commercial real estate

Collateral
Business real estate will be secured as collateral.

Loan Limit Amount:
$10,000 to $50,000

Maximum Loan to Value (LTV):
80%

Fees: 
$50 Annual Fee

Geographic Area:  Properties located in the following counties will be considered: Albany, Fulton, Montgomery, Rensselaer, Saratoga, Schenectady, Warren, and Washington.

Rates

1 to 4 Family, Investor, Non-Owner Occupied Mortgage

Invest in a 1 to 4 family building for investment purposes.  This non-owner occupied loan can help you acquired, refinancing, construct and invest in real property.

Collateral
Business real estate will be secured as collateral.

Loan Limit Amount:
Up to $417,000

Maximum Loan to Value (LTV):
80%

Fees:
Up to 1% Origination Fee

Geographic Area:  Properties located in the following counties will be considered: Albany, Fulton, Montgomery, Rensselaer, Saratoga, Schenectady, Warren, and Washington.

Rates

 

Resources

Build Your Brand

Branding is a crucial element to developing and growing your business.  Website development, digital marketing and ecommerce are tools to help you communicate your brand to potential customers.  Let our experts help you spread the word.

Payments, Billing and Payroll

Accepting electronic payments can increase your sales, cash flow, and customer satisfaction. Allow your customers the freedom and flexibility to pay how they wish and even on the go with mobile payments and Apple Pay.

Business Savings & Checking

Running a business comes with its own challenges, that’s why our business checking account features unlimited transactions for a low monthly fee.  Save time and money by banking on- the-go using our mobile banking with check deposits.  Open your account today.