Loans
We pride ourselves on our ability to partner with businesses to finance growth.
From real estate purchases to business lines of credit, we offer numerous loan options to help your business expand and succeed.
Touchmark is committed to distinction in business lending and strives to keep its reputation of lending excellence. Not only are we here to offer solutions tailored to your business needs, we are also available to offer our clients guidance and expert advice. Let us find a loan to best suit the needs of your company.
Speak with one of our highly qualified associates to find out more.
Commercial Line of Credit
A Commercial Line of Credit is extended to businesses allowing access to borrowings up to a pre-approved loan amount, to be used for specific purposes with specific repayment sources.
- You control when advances are taken and when repayments/reductions are made to the line.
- Competitive loan preparation and servicing fees.
Commercial Term Loans
Commercial Installment Loans are used to fund the purchase of a fixed asset such as machinery or equipment. Repayment terms are generally from one to five years and are normally tied to the expected useful life of the asset.
- Adjusted and fixed rate loans are available to meet most borrowers' needs.
- Term loan financing allows for repayment to be spread over a period of years (tied to the expected revenue to be generated by the asset).
- A lien will be placed on equipment that is used as collateral.
- There is no prepayment penalty.
Commercial Construction Financing
We will provide financing to build a new business facility or finance major renovations or expansions. Payment and funding schedules are agreed upon by the bank and borrower.
- Provides a bridge from raw land to permanent financing.
- Independent third party inspections provide a safety net to ensure the facility is being built to specifications.
- Interest only payments provide for a lower monthly payment during the term of construction. Interest is calculated on the outstanding loan balance during the billing cycle.
- You pay interest monthly only on the amount used.
- Upon the inspector's approval, an advance is granted and the next stage of construction begins.
Commercial Real Estate
Financing for the acquisition of non-residential or income producing property, which may or may not be partially or fully owner-occupied.
- 10-25 year, amortized repayment terms.
- Interest rates are both adjustable and fixed depending on the strength of borrower and project.
- Exact amount of your loan payment set for 5 year term.
- Loan approvals and commitment letters are frequently issued subject to completion of appraisals, Phase I Environmental Site Audits, assignments of mortgages, etc. This allows you to determine the overall merits of the approval without having incurred a significant cost.
- If you refinance your existing mortgage, we may consider taking your existing mortgage by assignment. (This is subject to a review of the existing mortgage and notes and clauses contained in them.)
Desirable property types include:
- Anchored and un-anchored retail
- Multi-family Properties
- Office Properties
- Industrial Properties
- Senior Living Facilities
- Flagged Hotels
- Builders Line of Credits
Small Business Loans
Touchmark works directly with the Small Business Administration so that you don't have to. SBA loans are available for real estate acquisitions, financing equipment, franchising, small business capital, and more.
- Fully amortized 7(a) and CDC/504 loans
- Debt re-financing available
- SBA lending team with 25+ years experience
- SBA paperwork handled by lending team
