Summit Bank is committed to local businesses, whether big or small. With our local management and experienced lenders, Summit Bank is able to provide creative solutions for your borrowing needs with a dedication to providing quick turnaround on all requests. Contact us or come in to see a member of our business banking team for information on the following loan products:

• Working Capital Lines of Credit
  • Provides support for short-term working capital needs based on cash, accounts receivable, and inventory levels. 
  • Provides greater flexibility and control in managing a business' daily cash flows due to business cycle variations.
  • A variety of terms for lines of credit is available, depending on specific needs and circumstances
• Equipment Financing
  • Summit Bank provides custom equipment financing options that allow you to acquire new technologies, while managing cash flow and avoiding the risk of owning obsolete equipment.
  • Summit Bank does participate in the SBA 504 program.
• Real Estate Financing
  • We offer a wide variety of loans to meet the goals for real estate investment.   
  • Loans consist of but not limited to: construction, purchases, refinancing or rehabilitation of an existing commercial property, and residential development including loans for home builders. 
  • Terms and conditions are specifically tailored to the category of real estate and needs of the borrower. 
  • Summit Bank does participate in the SBA 504 program.
• Energy Lending
  • Summit Bank offers a unique expertise in structuring term loans and revolving lines of credit for drilling, acquisitions, and workovers of oil and gas producing assets and midstream gathering assets.
• Executive, Professional, and Healthcare
  • Summit Bank prides itself on being a business and professional bank by providing creative lending solutions to the needs of the business owner, executive, doctor, lawyer, and other professional occupations. 
  • Whether it is a capital need for an acquisition or start up of a business or practice, or a line of credit for working capital needs, we offer a variety of products to meet your needs.  

Business Loan Checklist
The following items may be useful in order to provide Summit Bank the best information to process your loan request. Please review and provide any applicable information listed below.

• Materials that thoroughly describe the business.
• Financial Projections
• Year end financial statements for the last three years
• Interim financial statements dated within the last 90 days.
• Federal Tax Return for the most recent 3 year filed.
• List and descriptions of collateral offered.
• Summary of lease and debt obligations with payment information.
• Personal financial statements of controlling principals, signed and dated.

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