Loans

Grand Bank realizes that growth is the ultimate goal of any small business. We have the lending products as well as experienced lenders to help you grow and prosper. We respond to your business needs by sitting down with you on a one-on-one basis to get an understanding of your business as well as your financial needs. We realize that timing is important. Our decisions are made locally allowing our loan officers to respond quickly with a solution customized to meet your needs.

Our Products are competitive in the market place and include the following:

*All loans subject to credit approval

Commercial Mortgages

  • Finance the purchase or refinance to expand or improve investment property such as office, industrial buildings, multi use buildings, multi unit apartment buildings, shopping centers and warehouses
  • Construction loans for new construction, expansion or renovations

Business Term Loans

  • Equipment, machinery, vehicle, computer or inventory purchases
  • Leasehold improvements
  • Refinancing to include debt consolidation

Business Line of Credit

  • Provide short term working capital

U.S. Small Business Administration Loans

Contact a representative at Grand Bank to learn how we can assist you with a loan through the Small Business Administration (SBA), available to qualified small businesses.

Grand Bank has been ranked #7 in the State of New Jersey from the U.S. Small Business Administration (as of March 31, 2015).

Loans are available to assist businesses with:

  • Long-term financing
  • Improved cash flow
  • Fixed maturity
  • No balloon payments
  • No prepayment penalty (under 15 years)

Qualifications:  For-profit Businesses must meet the SBA standards for size & business type.

Maximum Loan Amount:  $5 million

Contact us at 1-800-234-3459 and ask to speak with one of our SBA 7(a) Loan Guaranty Program Specialists.

Homeowners Association Loans

  • Available for Homeowner Associations and can be used for renovation/improvements, etc. with fixed or variable rates

Speak with a Grand Bank Representative

For more information please contact us.

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