Line of Credit
Short-term financing for inventory purchases, expansion costs, accounts receivable, financing, and seasonal operating expenses that impact your company’s cash position
Term loans are great for equipment purchases, financing a commercial vehicle, making business operations improvements, or financing for an acquisition
Agricultural loans are good for purchasing animals, seeds, or equipment. Sovereign Bank is committed to helping farmers and ranchers succeed in their operations.
Commercial Real Estate
Commercial Real Estate loans are for those looking to purchase income-producing property, or expanding current facilities, or refinancing an existing property.
Construction financing is available for several commercial projects including, office, retail, industrial/warehouse, and multi-family projects.
Standby Letters of Credit
Standby Letters of Credit guarantee repayment of loans, fulfillment of contracts, and secure payment for goods delivered by a third party.
SBA lending is for customers who qualify for a business loan through the Small Business Administration. Contact one of our lenders today to see if this is the right loan product for your company.