To help your business grow and prosper, a loan from Somerset Hills Bank may just be what you need. Let our experienced lending professionals work with you to design a credit facility that will help your business succeed both today and tomorrow.

Term Loans
Somerset Hills Bank helps your business expand operations, finance new equipment and improvements, purchase commercial real estate, or achieve similar long-term goals through term loans. A range of terms, usually from one to seven years, is available. Payments of interest and principal are due monthly.

Lines of Credit
To finance short-term working capital needs, like accounts receivable and inventory, we recommend a line of credit. With a line of credit, your business can borrow funds (up to a pre-approved limit), repay the balance, then borrow again as needed within an agreed-upon period of time. Interest is payable monthly. Demand loans are also available with maturities under one year.

Commercial Mortgages
Somerset Hills Bank offers commercial mortgages for retail, office, industrial, and multi-family real estate projects. Our commercial loan officers can help companies finance all phases of development, from land acquisition through construction, for both owner-occupied and investment properties.

Letters of Credit
To help companies buy goods on credit or enter into contracts requiring a bond or deposit, Somerset Hills Bank can provide a letter of credit.