McHenry-Savings-Bank
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Welcome to McHenry Savings Bank's Commercial Loan Department. We offer a diverse selection of commercial loan products specifically designed to fit the needs of your business. A general description of those products is as follows:

Commercial LoansLine of Credit A revolving line ideally used to even out fluctuations in cash flow.

Floor Plan Line of Credit Obtained for floor-planned inventory such as boats, autos, trailers, and RV's.

Term Note Obtained for specific needs. Usually on a pre-set repayment schedule.

Commercial Mortgage Obtained for the purchase or refinance of business property.

Commercial Sweep Account Provides for an automated sweep from a commercial line of credit to a business checking account when the account drops below a target balance.

Commercial Construction Loans Obtained to finance the construction of a new commercial building.

 


Realizing that all commercial loans are unique, we make every effort to tailor our products to meet your specific needs.
All loans are subject to documentation requirements and our credit approval process.



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