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Business Loan Options
| Option |
Description |
| Business Loans |
- Term Loans:
Can be used to finance business equipment,
commercial vehicles, computers, etc.
- Commercial Real Estate Loans:
To purchase property, renovate current
facilities, and new construction.
- Working Capital Lines of Credit:
A flexible credit tool, often used to
meet short-term credit needs.
- University Cash Line:
A revolving line of credit that is attached
to your business checking account, providing
you with a convenient credit source.
- Business Credit Cards:
Elan Business Card and Elan Travel Business
Card —
include streamlined accounting and purchase
protection.
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Unique Business Lending Options
Houses To Homes Program:
To address the affordable housing crisis affecting our
immediate community and the Twin Cities Metropolitan area,
University Bank provides acquisition financing for single
family and duplex residential real estate properties for
the business purpose of 1) Purchasing, Revitalizing and
Selling, 2) Purchasing, Revitalizing and Renting.
Small Business Administration Loans:
• SBA Express Loans
• 7A Loans (inventory, equipment, real estate)
• 504 Real Estate Loans(land, machinery, buildings)
Neighborhood Lending Partnership:
A pilot loan guarantee program provided by the city
of St. Paul through University Bank to promote real
estate acquisition, renovation and equipment purchases
in the city of St. Paul.
Other Special Loan Programs:
Please call us to find out how to finance a new business,
receive working capital for your not-for-profit organization,
renovate real estate, finance a new facade, train your
employees, finance a day care facility and much more...
Contact Us for more information.
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