| LOAN
OPTIONS |
| Who
Should Consider? |
| Operating Loans |
Term Loans |
Real Estate
Loans |
Leasing |
Account Receivable Financing |
| Working capital is the
lifeblood of every business. Whether seasonal or ongoing, a
line of credit can help you make money. Agricultural lines of
credit, floorplan financing and asset-based loans are just a
few of the options offered at ESB Financial |
Any business that invests
in assets that produce a long-term benefit such as equipment,
rolling stock, technology, and leasehold improvements.
We also provide funding for business expansion and for acquisitions. |
From construction to permanent,
ESB offers expert assistance in designing a loan that fits the
needs and cash flow of the business. We are experienced SBA
504 lenders and we offer several fixed rate options. |
Any business that wants
up to 100% financing and the potential tax savings of an "off
balance sheet" transaction (consult your tax advisor).
ESB leasing products cover almost any kind of business equipment
with competitive fixed rates. |
Business Manager turns
your account receivable into instant cash that can be used to
take vendor discounts or just get caught up on the continuing
costs of running a business. ESB can even do your billings and
insure your accounts. |
| Features
and Benefits |
| Terms up to two years
for both revolving and closed end credit lines. |
Term of the loan is tied
to the economic life of the asset - up to ten years. |
Construction loan terms
up to one year. Long term financing with up to twenty-year amortization. |
Term of the loan is tied
to the economic life of the asset - up to five years. |
Terms are open-end and
tied to the accounts receivable due dates. |
| Competitive fixed and
variable rate options. Other fees may be assessed. |
Interest rates can be
fixed up to five years. Other fees may be assessed. |
Interest rates can be
fixed up to five years. Other fees may be assessed. |
Fixed interest rate for
the lease term. Other fees may be assessed. |
Receivables are discounted
when sold to the bank. Additional reserves and fees may be required. |
| Generally secured by inventory,
accounts receivable and equipment. |
Generally secured by
equipment up to 80% of the value. |
Secured by a 1st mortgage
on commercial real estate. |
Secured by specific equipment
up to 100% of the value. |
Accounts are sold to the
bank. A reserve is required to cover past due accounts. |
| Periodic financial reports
are required. |
Business application
is required. |
Financial and progress
reports are required. |
Lease application is
required. |
Initial application and
monthly reporting required. |
