Commercial construction loans are unique to every business and every situation. Let us help you grow your business and set you up for success. As a locally-owned, Wisconsin-based bank, our lenders partner with you to build not only a relationship, but your business as well! We are your trusted advisor.
What Do I Need to Know About Business Construction Loans?
Building your business is an exciting adventure! We are excited to take it with you. Your banker is a true partner through out the construction process and after. We work with you, your contractor and other interested parties, like title companies, to ensure your project is hitting its target from start to finish.
Our local decision makers are there with you every step of the way. They get out of the office and into the field to meet you where your business is booming.
To get your building project off the ground, your Business Construction Loan is a line of credit up to a certain dollar amount based on information you have worked through with your contractor and your banker. While your contractor is working on your building or remodeling project, they submit work done to the title company; the title company reviews it and provides a report for the bank.
When Your Business Construction is Complete
It's time to increase productivity and get back to business! After construction, your Construction Line of Credit will transfer to a Term Bank Note, determined by your unique business situation. All commercial loans are different, and a Construction Loan has a lot of layers to it that elevate the relationship between banker and customer.
Industries That Benefit from Construction Loans
National Exchange Bank & Trust partners with all kinds of businesses to help them succeed. We have knowledgeable lenders with years of experience in a number of different industries, including:
- Industrial Parks
- Retail Space
- Municipal Buildings
- Health Care
- and more