template_final.gif

       


 

Commercial Loans | Real Estate Loans
SBA/B & I Government Guaranteed Loans
Corporate Escrow Services

  • Commercial Loans
    Heritage Bank offers Commercial Loans to businesses throughout the greater Bay Area. The Commercial Loans offered include:
     
    • Formula Revolving Lines of Credit designed to supplement the borrower's cash flow. This is useful for businesses experiencing high levels of growth in sales and inventory, resulting in an increase in accounts receivable.
       
    • Term Financing to support new equipment, permanent working capital, tenant improvements, plant expansion, corporate acquisition, and the refinancing of existing debt.
       
    • Seasonal Working Capital Lines of Credit that are not formula-based, designed for companies that only require financing at certain times of the year.
       
    • A Commercial Letter of Credit program designed to issue Letters of Credit in favor of vendors (or others). Heritage also offers Standby Letters of Credit.
       
    • Additionally, Heritage offers loans to Technology and Emerging Growth companies. These loans are specifically designed to meet the needs of these types of companies that may require some creative financing.
       

    For more information, please contact the Commercial Lending at 408-947-6900.  
     

  • Real Estate Loans
    Construction Lending Services include:
    • Acquisition Land Loans that provide funds for the purchase of raw land for future commercial and residential development.
       
    • Multi-Family/Single-Family Residence Speculative Loans provide funds to build multi-family and/or single-family residences.
       
    • Construction Loans (Commercial) provide funds to build-out commercial property that will either be occupied by the owner, held as an income producing property, or sold.
       
    • Mini-Perms are short-term loans offered to commercial developers. Mini-Perms allow the commercial developer to look for long-term loans by providing short-term financing. Mini-Perm accommodations provide term financing for commercial properties upon completion of construction, whereafter it converts to a commercial term portfolio.
       

    For more information, please contact Construction Lending at 408-947-6900.
     

  • SBA/B & I Government Guaranteed Loans:
    • SMALL BUSINESS ADMINISTRATION LOANS: (SBA)
      Heritage Bank can help you take advantage of opportunities available to you as a small business operator through the Small Business Administration (SBA). Heritage Bank's SBA Lending team offers services including in-house approval within 5 to 10 days, competitive rates, flexible loan amounts up to $2,000,000, fully amortized loans. Heritage is a "Preferred Lender" of the Small Business Administration and its team has over 50 years of combined SBA lending experience. The SBA Department at Heritage has recently been ranked number 4 in Northern California and number 25 in the nation.

      For more information, please contact the SBA Lending Department at 408-947-6900.
       
    • BUSINESS AND INDUSTRY LOANS: (B & I)
      Heritage Bank offers USDA (United States Department of Agriculture) Rural Development's Business and Industry lending services. These services include loans available to businesses located in rural areas, in-house approval within 5 to 10 business days, flexible loan amounts up to $10,000,000, fully amortized loans, and up to 30 years maximum term. We have "Certified" status with special software provided by the USDA that enables us to streamline the application process, providing faster turn-around time for the borrower.

      For more information, please contact SBA/RDA Lending Department at 408-947-6900.
       
  • Corporate Escrow Services
    Heritage Bank of Commerce offers a full range of Business Escrow Services including Bulk/Liquor License Transfers, Syndication/Partnerships, Contractor Retention, Mergers and Acquisitions, Stock Transfers, Holding/Retention, Liquidations and Landlord Disputes.

    Our experienced staff can coordinate the entire escrow process from beginning to end and ensure that all aspects of your escrow transaction are handled accurately and expeditiously. For more information, please contact Escrow Services at 408-494-4530.