Deerwood Bank Business Solutions

Business Credit Services

Deerwood Bank understands the financing needs of small businesses. You can count on Deerwood Bank to provide outstanding customer service, including local decision making on business loans and lines of credit. So whether you are ready to increase inventory, purchase new equipment, or expand your business, you will find we make the process easy.

To finance seasonal or temporary needs such as inventory purchases or accounts receivable turnover, or to quickly take advantage of other business opportunities, Deerwood Bank can assist you with the funding you need to allow your business to operate and grow.

Apply for Loan Program Now.If you are looking to expand your business, purchase equipment, or finance fixed assets, Deerwood Bank provides term loans at competitive rates with flexible payment options.

Deerwood Bank offers first mortgages on owner or nonowner occupied commercial property, with the flexibility to tailor a loan package to meet your specific needs. We also provide construction financing at competitive rates and terms.

A Small Business Administration (SBA) loan may give you the opportunity to reach your goal of opening or growing your business when you otherwise may not have had the opportunity. We can work with you in deciding whether a SBA loan is best for your needs.

Business Credit Card Options

Standard Card

Benefits & Features

  • 24-hour toll-free live customer assistance available at 800-367-7576.
  • Online account information available 24/7 at www.cardaccount.net.
  • Download our application for additional information and fees. 

Preferred Points Card

Benefits & Features

  • Earn one point for each dollar spent, up to 10,000 points per month.
  • Redeem anytime for a wide variety of options including cash back, travel, merchandise, retail gift cards, and more.
  • 24-hour toll-free live customer assistance available at 800-367-7576.
  • Online account information available 24/7 at www.cardaccount.net
  • To view or redeem rewards points, visit www.mypreferredpoints.com or call 866-678-5191.
  • Download our application for additional information and fees.

Apply Now!

Download printable Business Credit Card Application.                                                                           Please review this list of supporting documents and submit along with your completed application to any of our offices.

  Sole Proprietor Partnership Private Corporation Public Corporation Non-Profit
Application Star Graphic Star Graphic Star Graphic Star Graphic Star Graphic
Organizational Papers Star Graphic Star Graphic Star Graphic Star Graphic Star Graphic
Borrowing Resolution   Star Graphic Star Graphic Star Graphic Star Graphic
Financial Statements   Star Graphic Star Graphic Star Graphic Star Graphic
Personal Guaranty Star Graphic Star Graphic Star Graphic    
Personal Tax Return Star Graphic Star Graphic Star Graphic    

 

Other Loan Programs:

  • SBA Loans
  • |
  • Commercial Real Estate Loans
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  • Term Loans
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  • Lines of Credit

Deerwood Bank utilizes an array of state and local programs to help meet your business financing needs. We can assist in deciding whether these programs are right for you.

  • To provide a quick response to your loan request, we kindly ask that you provide the following information:
  • A description of your business and the people in key management positions.
  • Your company's year-end financial statements- three years if available.
  • Your company's most current interim financial statements.
  • Current personal financial statements and tax returns for each owner of company.
  • Articles of Incorporation or Partnership Agreement (if applicable).
  • Use of the requested loan proceeds, the repayment plan you prefer, and the collateral being offered to secure the requested loan.
  • Projections including the repayment of the requested loan.
Home Equity Lines of Credit

Plan to make more money.

Check out Free Business Checking.

 

First-Time Homebuyers

Time is money.

Save both with Remote Deposit.