Commercial Line of Credit

Commercial Line of Credit

A revolving line of credit from Somerset Hills Bank can be used to finance short-term working capital needs, such as seasonal funding for accounts receivable and inventory. With a revolving line of credit, your business can borrow, repay and re-borrow funds up to a pre-approved credit limit and within an agreed-upon period of time, and pay interest only on the amounts that you need to periodically borrow.

A commercial line of credit from Somerset Hills Bank offers the following benefits:

Single point of contact for all your business financing needs
Prompt, personal service with local decision making
Flexible principal repayment terms (interest paid monthly)

Quick and convenient access to funds to better manage cash flow
Various types of collateral from business assets to real estate
Competitive variable interest rates

Contact Us

If you have any questions or would like more information about a commercial loan, please feel free to contact us:

James Nigro
SVP - Senior Loan Officer
(908) 630-5016

Frank Riker
SVP - Commercial Lending
(908) 630-5004

Frank Meola
VP - Commercial Lending
(973) 377-0304

Download an Application

We appreciate your interest in applying for a loan with Somerset Hills Bank. Click on the link below to print out an application and instructions.

Commercial Line of Credit Application

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