Commercial Loans & Lines of Credit

Line of Credit

A commercial line of credit is an ideal way to take advantage of special opportunities that appear today, finance accounts receivable, fund the growth of your business, and address almost any other short-term working capital needs.

• Business operating funds
• Inventory and/or receivable financing
• Revolving lines
• 1 year renewable terms
• Borrowing base facilities
• Pay for what you use
• Personal service

Construction Loans

Start from the ground up with a construction loan with First National Bank of Waterloo.  We can help you finance your commercial property so you have the perfect location for your business.

• Competitive rates and terms available
• In-house underwriting
• Personalized service

SBA Participation

Small Business Association (SBA) loans are specially designed to give well-managed but undercapitalized companies the long-term financing they need to boost their financial health.

• 504 & 7A Loan Program
• SBA Express Loan Program
• Government Loan Guarantees
• Local funding & servicing
• 10% down payment programs

Commercial Loans

Whether you are just starting a new business or your company is ready to expand, our loan officers are here to work with you to make it happen!  First National Bank of Waterloo offers commercial loans for everything from land development to new construction, and at competitive interest rates.

Let us help your business grow today!

• Up to 1, 3 & 5 year fixed rate options
• In-house decision & processing
• Local loan servicing