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Business Banking



top questions
How do I...

Meet with a commercial lender?

Find a commercial lender?
Apply for a business loan?

Learn about services other than business loans?

   
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I'm not sure if there's a commercial lender assigned to the office I go to most often. Do I have to go somewhere else to meet with someone?

No. Our lenders are willing to meet with you at whichever office is most convenient for you.

What's the first step I should take to find a commercial lender?

You can stop by or call your nearby AnchorBank location to talk to someone or set up an appointment, or you can call our 1-800 number to speak with someone (1-800-252-6246, ext. 4104 or 608-259-4104). You can also e-mail us and request that someone get in touch with you.

What information do I need in order to apply for a business loan?

In order to review a request for credit for your business, we would need the following information:

  • Personal financial statement
  • Tax returns for past two years for the business
  • Personal tax returns for the past two years
  • Current Profit and Loss
  • Current balance sheet

We would also like to meet with you to learn more about you and your business.

I have a seasonal business and my cash needs fluctuate. What type of financing would take this into account?

A revolving line of credit is frequently a good option for seasonal businesses. Our commercial lenders can meet with you to determine if this product or one of our other loan options is right for you.

What services does AnchorBank offer for businesses besides commercial loans?

Anchor offers a full line of products tailored to businesses, including business checking accounts, cash management services, retirement products and more.

 

business savings account
health savings account
market rate investment account
market yield account®
commodore market yield account®
business certificates of deposit
automated clearing house(ACH)
merchant services
business credit cards
wire transfers
electronic federal tax payment
positive pay
account analysis
sweep accounts
downloads to accounting software
OnlineDeposit
cash management FAQs
commercial checking
basic plus business checking
basic business checking
non-profit checking
interest on lawyers' trust account checking
real estate trust account checking
business debit card
business checking FAQs
commercial real estate loans
term loans
revolving lines of credit
letters of credit
construction financing
credit cards
commercial loan FAQs
credit card FAQs
Commercial Loan FAQs