Business Loans and Lines of Credit
Business Loans and
Lines of Credit
For over 120 years, Peoples Bank has been dedicated to helping businesses thrive. Our business and commercial bankers take the time to understand your business and industry, offering a range of loans with varying terms and rates to best fit your needs. Whether it’s for day-to-day operations, expansion or new equipment, we’re committed to your success.
Business Lines of Credit
Get the working capital you need for sudden expenses, cash flow or major purchases. Peoples Bank’s Business Lines of Credit allow you quick and easy access to your available funds. We offer customized structures to best meet your needs, flexible rates and terms, online transfer of funds, check-writing access and multi-year renewable terms.
SBA Loans
Preferred Lender Program
SBA Loans offer small business financing solutions with streamlined approval, making it easier to qualify with lower down payments and extended loan terms. Whether you need startup capital to launch your business, funds to expand or cash flow support, Peoples Bank’s SBA Loan options are designed with your goals in mind.
Real Estate Loans
Purchase land or buildings your business needs as it grows. A commercial Real Estate Loan can also help you refinance existing Peoples Bank loans and loans from other lenders to obtain better terms. Real Estate Loans offer flexible rates and terms, one-time lump sum for purchases, disbursed funds throughout the building project for real estate construction loans and fully amortizing and balloon payment options.
USDA B&I Loans
USDA Business and Industry Loans target both for-profit and non-profit entities and can be used to purchase buildings, equipment or properties, debt refinancing and acquiring or expanding your business(es). As a USDA lending partner, Peoples Bank offers up to 30-year terms on real estate loans, up to 15-year terms on equipment loans, fixed and variable rate options and interest-only options.
Commercial Letter of Credit
Commercial Letters of Credit are best for businesses who need help purchasing goods or inventory for import or export internationally. Commercial Letters of Credit offer flexibility for on-demand purchases while providing essential risk mitigation, ensuring a safe and reliable way to access funds for global trade.
Standby Letter of Credit
Standby Letters of Credit provides a payment guarantee, ensuring that sellers are compensated while buyers receive the promised deliverables. Essentially, the Standby Letter of Credit serves as a bank guarantee, offering risk mitigation by protecting parties in the event that a business cannot fulfill its obligations.
Term Loans
Term Loans provide the ability to finance various projects, such as property acquisition and equipment purchases, through multiple loan structures. With a fixed interest rate for the entire loan term length, you can enjoy predictable monthly payments, supporting your business growth effectively.
A partnership built to last.
Peoples Bank business and commercial bankers are proud to serve Ohio, Kentucky, West Virginia, Virginia, Maryland and Washington D.C. We understand there is no one-size-fits-all approach to financing. We listen closely, identify your needs, and then customize financial solutions to best support those goals.
Our commercial bankers are more than just financial experts – they’re committed advisors who are here to support and celebrate your success. We’re here to help you piece together every aspect of your financial puzzle, supporting your vision with a partnership built to last.
Explore our full suite of business products.
Checking and Savings Accounts
Discover Peoples Bank’s Total Business Checking account, with online and mobile banking, which offers 500 free transactions* every month. Our Business Statement Savings, Money Market and Certificates of Deposit also position you for growth opportunities.
Treasury Management
Increase client satisfaction and sales with premier merchant card processing, have a secure electronic solution for vendor payments and employee payroll, and monitor for suspicious activity with tools like Merchant Services1, Positive Pay and ACH Collections.
Employee Benefits
Attract and maintain valuable employees. Our local experts provide comprehensive, in-house retirement plan solutions, eliminating the need for multiple providers. We assist in plan selection and offer ongoing employee education through on-site meetings.2
Insurance
Peoples Insurance offers a wide variety of commercial insurance types, including Commercial Property, Commercial Auto, General Liability and Cyber Liability to safeguard your business3.
Trust and Wealth Management
Our financial advisors are here to help you navigate your personal goals, including debt management strategies, tax considerations and estate planning to protect your assets and family.
Bank Together at Work
Our local workplace banking specialists will work to provide your team with exclusive benefits, including employee benefits enrollment, complimentary insurance quote3 and investment review4 and more.
Let’s make a plan.
Tell us a little more about your business in the form below, and we will reach out to you to get started.
