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With assets of over $1.5 billion, and a lending limit of $28 million, Mutual Bank offers a wide spectrum of borrowing options to meet the needs of our business customers. Please review the summary of services listed below to see how Mutual Bank may assist you. For additional information, please contact one our experienced lenders at any banking center, or call 1-877-637-3111 for further information. Call us today, and share the exhilarating experience of one of the fastest turnaround times in the industry. We would appreciate the opportunity!
Working Capital Lines of Credit
Custom-designed to meet your fluctuating cash flow requirements such as seasonal purchases, operating expenses, and accounts receivable and inventory
Term Loans
An ideal source made available for the purchase of equipment, fixed assets, and other capital improvements necessary for your growing business. Loan amortizations are available up to the life of the equipment, usually 7 years.
Letters of Credit
Standby and documentary letters of credit are available for special transaction needs.
Hotel/Motel Financing
Mutual Bank offers a full range of hotel/motel financing options. As a recognized leader in SBA 504 and 7(a) lending, and a member of the Asian American Hotel Owners Association (AAHOA), we would like the opportunity to discuss your hotel, flagged, or non-flagged.
Small Business Administration Loans
Through the SBA, our bank offers loan programs to assist small business. With down-payments as low as 10%, loan proceeds may be used for most sound business purposes including working capital, as well as for the purchase of machinery, equipment, furniture and fixtures, land and buildings.
Commercial Real Estate Loans
Fixed and variable rate financing options are available for the acquisition or redevelopment of residential, retail, office, and multi-family properties. On a regular basis, we deal with owner-occupied and investor-owned commercial projects of all types!
Lending to Not-For-Profit Entities (Religious and Charitable Organizations)
We stand ready to assist not-for-profit entities expand and improve their facilities. Mutual Bank is committed, just like you, to building stronger relationships within all of the communities in which it serves. We understand this type of financing requires a special understanding of the income & pledge history of your organization.
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