We can bring your business strategy to life with a commercial loan from Union Bank, serving West Central Arkansas and the River Valley. You can choose between short- and long-term business-term loans depending on your need to grow your business. From business equipment, inventory, working capital, and property to other assets used to secure financing, our local commercial lenders can assist you in growing your company
Why Choose a Union Bank Business Equipment Loan?
- Purchase new or used business equipment to start operations, expand your business’s capabilities, or replace outdated equipment to remain competitive.
- Improve the efficiency and productivity of business operations and realize cost savings by upgrading equipment such as medical equipment, manufacturing equipment, ovens, and cookware for restaurants—any type of equipment for your industry.
- Equipment loans may offer tax benefits, such as depreciation deductions, which can reduce your taxable income, saving your business money.
Why Choose a Union Bank Business Inventory Loan?
- Finance the purchase and storage of inventory with a business inventory loan to increase inventory levels that help meet increased demand, expand product offerings, or help take advantage of bulk discounts.
- Business inventory loans help businesses improve cash flow by providing the funds to purchase inventory without depleting your working capital.
- Mitigate the impact of supply chain disruptions or take advantage of purchasing excess inventory from a distressed supplier with funds from a business inventory loan.
Why Choose a Union Bank Working Capital Loan?
- Receive funds during operational fluctuations for business purposes and pay them back in regular monthly installments over a predetermined period.
- Working capital loans allow businesses to pay bills, purchase inventory, market and promote products, and expand the business like hiring new employees, as it helps bridge the gap between income and expenses.
- During unexpected economic downturns, our commercial working capital loan can help you meet day-to-day expenses that allow you to operate your business during difficult times.
Why Choose a Union Bank Business Secured Loan?
- A business-secured loan helps companies finance costs associated with operations using its assets as collateral to secure the loan.
- With an asset-secured loan, businesses can borrow more money at typically lower rates and longer repayment terms.
- Improve your business’s creditworthiness with an asset-secured loan, making it easier to secure future financing.
Apply For A Commercial Loan With Union Bank
Union Bank commercial lenders are ready to learn more about your business and help assist you throughout the application process, from collecting financial documents to closing. Contact us or visit one of our convenient locations in Mena, Paris, Wickes, Hatfield, Caulksville, Clarksville, Ozark, Waldron, and Booneville to learn more about commercial loan options.