Commercial Lending
Mortgages
We offer commercial mortgages for office, industrial, retail and multi-family real estate projects.
Construction
We assist companies finance all phases of development from land acquisition through construction, for both owner-occupied and investment properties. Phoenixville Federal Bank & Trust also provides financing for small tract residential builders.
Business Loans / Lines of Credit
- Real Estate Secured – for mid-sized to large businesses, with credit limits ranging from $10,000 to $2,500,000 and terms up to 7 years.
- Non-Real Estate Secured – for smaller to mid-sized businesses, with credit limits ranging from $10,000 to $2,500,000 and terms up to 5 years. Perfect for equipment financing.
- Unsecured – provides a flexible source of working capital for smaller businesses, with credit limits ranging from $5,000 to $250,000 and a maximum term of 5 years. For established checking account relationship.
We can help meet your short-term working capital needs. With a line of credit you can borrow funds (up to a pre-approved limit), repay the balance, and then borrow again as needed within an agreed upon period of time.
Term Loans
We can help the small business concern expand operations, finance new equipment or business improvements. A range of terms, usually from one to five years, is available. Longer terms are available depending on the useful life of the asset being purchased.
Business Letters of Credit
Substitutes the bank’s creditworthiness with that of the customer and represents an obligation by the bank to the beneficiary to:
- Repay money borrowed by or advanced to or for the applicant,
- Make payment on account of any indebtedness undertaken by the applicant, or
- Make payment on account of any default claimed by the beneficiary in the performance of an obligation or contract.
