Business Loans
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information on Paycheck Protection Program Loan Forgiveness.
1st Source Bank offers a wide variety of financing products to fit virtually every business need. Allow us to work with you to determine which financing product will best fit your business's needs.
Owner-Occupied Business Real-Estate Loans
- Use to buy or expand a facility
- Up to 15-year terms
- Up to 90 percent financing available
- Refinancing available
- Fully amortized
- Use to finance just about any permanent business need such as equipment, vehicles, permanent working capital, etc.
- Up to 100% financing in many cases
- Repayment terms up to 10 years
- Secured or unsecured, depending on earnings, capital position, repayment sources
- Use to satisfy short-term cash needs, seasonal credit demands
- Purchase inventory
- Create an emergency fund
- Borrow from $5,000 to $5 Million
- Longer terms for repaying your loan request
- Lower loan payments
- Improved cash flow
- Finance the purchase of an existing business
- Up to 90% financing available
- Repayment terms up to 10 years
- Lease nearly anything – from production machinery to computer systems to company vehicles
- Affordable up-front cash outlay
- Fixed interest rates
- Predetermined payment schedule
- Option of purchasing later
- Lets you keep pace with technology, affordably replacing outdated equipment
Financing for:
- Agricultural land
- Livestock
- Crops
- Machinery & Equipment
- Working capital
- Available for the purchase or lease of:
- Aircraft and Helicopter
- Auto and Light Truck
- Construction Equipment
- Shuttle & Luxury Bus
- Motor Coach
- Step Vans
- Funeral Cars
- Commercial Lessor
- Heavy and Medium Duty Truck
- Other equipment, as required
- No standardized forms or off-the-cuff formulas
- Financing tailored to your unique needs
