Two Great Loan Options, One Goal: Your Success
Finally, a Bank That Puts Your Business First.
Small Business Loans and Commercial Mortgages from Peapack Private.
With competitive rates, flexible terms, and client-centric service, our small business lines of credit and owner-occupied commercial mortgages are designed to help businesses grow with confidence.
Whether you're aiming to expand your operations or need flexible access to capital, we have two great loan options which are designed specifically for established businesses like yours.
Discover why we are the premier alternative to the larger institutions.
Start your journey today.
For your small business lending solutions up to $500,000:
For term loans and lines of credit in excess of $500,000 or require additional assistance, please contact:
*Maximum loan amount of $250,000. Standard origination fee of $1,000 applies. Borrowers and properties located in low to moderate-income tracts (LMI) can also qualify for a fee waiver. Offer available throughout our full lending area, subject to credit approval and eligible collateral. Interest rates are variable and tied to the Wall Street Journal Prime Rate. Monthly payment include 1/84 of principal balance plus interest. Terms and conditions are subject to change without notice.
** Maximum loan amount of $1,000,000. Amortization: up to 25 years. Fees: Standard origination fee of 0.50% (50 basis points) of the loan amount. Borrowers and properties located in low to moderate-income tracts (LMI) can also qualify for up to additional $5,000 credit towards mortgage closing costs and fee waiver. Available for owner-occupied commercial properties only. Offer available throughout our full lending area, subject to underwriting, property appraisal, and credit approval. Initial rate fixed for first 5 years and will adjust to the then 5 year US Treasury rate plus 2.5% Terms and conditions are subject to change without notice.
** Maximum loan amount of $1,000,000. Amortization: up to 25 years. Fees: Standard origination fee of 0.50% (50 basis points) of the loan amount. Borrowers and properties located in low to moderate-income tracts (LMI) can also qualify for up to additional $5,000 credit towards mortgage closing costs and fee waiver. Available for owner-occupied commercial properties only. Offer available throughout our full lending area, subject to underwriting, property appraisal, and credit approval. Initial rate fixed for first 5 years and will adjust to the then 5 year US Treasury rate plus 2.5% Terms and conditions are subject to change without notice.
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