Commercial Real Estate Loans
Understanding Commercial Real Estate Loans
Plumas Bank understands that you often need money to make money. The right lending option can make all the difference for small business owners! You may be wondering how to get a small business loan. At Plumas Bank, our expert loan officers create custom business loan packages tailored especially for you and your business and they can walk you through the loan application process. Whether you’re just starting out or are a professional looking to expand, a small business loan from Plumas Bank can give you the stability you need to plan for tomorrow. We offer a variety of loans for all your small business needs: Commercial Real Estate loans, Agricultural (ag) loans, Small Business Administration (SBA) loans, Business Lines of Credit and Business Exxpress loans. Whether you need cash to obtain vital equipment or build your inventory, or a line of credit to ensure your employees are paid on time, our loan officers will listen to your needs and structure the perfect lending solution to achieve your goals.
One of our local loan experts can help you achieve your dreams with a small business loan from Plumas Bank.
Types of Loans for Small Business
We offer a variety of loans for all your small business needs: Commercial Real Estate loans, Agricultural (ag) loans, Small Business Administration (SBA) loans, Business Lines of Credit and Business Exxpress loans.
A commercial real estate (CRE) loan refers to any income-producing real estate that is used for business purposes such as offices, retail, hotels, and apartments. The commercial real estate loan is a mortgage secured by a lien on commercial property rather than residential property. For example, you may need cash to renovate your office, purchase vital equipment or build your inventory, or you may need a line of credit to ensure your employees are paid on time, our loan officers will listen to your needs and structure the perfect lending solution with various financing options to achieve your goals.
Determining what type of loan is best for you and your business can be overwhelming. Our experienced loan experts can help walk you through the entire process. Plumas Bank loan officers are ready and happy to assist. They are highly trained to listen and to ask the right questions to help you make the right decisions. Plumas Bank has a variety of small business loan solutions to help make your business dreams a reality!
Qualify for A Commercial Property Loan at Plumas Bank
Plumas Bank specializes in providing commercial property loans to a variety of industries and we have several financing options available. Because Plumas Bank is a locally owned community bank, loan decisions are made by experienced loan officers who are familiar with local economic and market conditions. Learn how to get a commercial property loan from Plumas Bank by contacting one of our knowledgeable loan officers. We welcome the opportunity to sit down face-to-face and discuss any and all business loan options available to you.
Preparation is key when applying for a commercial property loan. Gathering certain documents ahead of time before you meet with a loan officer could help expedite the loan process. Here is a list of a few items to have on-hand before you meet with a Plumas Bank loan officer to apply for a commercial property loan:
• Know the dollar amount, type of loan you are applying for, borrowing purpose and collateral information, if applicable.
• Information about your business, such as:
- Business Name and Address
- Type of business organization and year established
- Business Tax ID number, Annual Sales, Number of Employees
• Information about each Business Owner, such as:
- Name, Home Address, Social Security Number, Title, Ownership Percentage, Personal Financial information, Historical Information
- Government issued photo ID (Driver's License, US Passport, or a state-issued ID) may be requested for verification purposes
• You may want to have copies of your most recent business and personal tax returns and/or financial statements to assist with completion of the application.
Sometimes gathering all the information can be overwhelming but remember, our expert loan officers will help you and work with you every step of the way.
Additional Commercial Banking Services from Plumas Bank
Applying for a commercial property loan with Plumas Bank is a great option for business owners. Because Plumas Bank is a locally owned community bank, loan decisions are made by experienced loan officers who are familiar with local economic conditions. Commercial loans are made for a wide variety of purposes and on many different terms. Whether you’re just starting to grow your business, or you need cash to obtain equipment or build your inventory, or a line of credit for cash flow to ensure your employees are paid on time, our knowledgeable loan experts will listen to your needs and tailor the right lending solution to achieve your goals. Whether you’re interested in an owner-occupied, non-owner occupied, construction or development loan, a commercial loan from Plumas Bank can give you the stability you need to plan for tomorrow.
Important Information About Procedures for Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each customer that opens an account. What this means for you: when you open an account, we will ask you your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying information.