Business and SBA Loans

Perhaps you want to purchase a building, acquire a business or professional practice, or refinance existing debt. Or maybe you have ambitious growth plans for the business or professional practice you currently own. A business loan can finance your plans.

At 1st Source Bank, you have a variety of business loan options, all with easy application and prompt approval. Qualified applicants have access to the following business loan resources:

Owner-User Business Real Estate Loans

• buy or expand a building or facility
  
• complete financing available
  
• up to 15-year terms
  
• up to 90 percent financing available
  
• refinancing available
  
• fully amortized

Medical, Dental and Veterinary Professional Loans

• build or expand your professional practice
  
• complete financing available
  
• acquisition or start-up
  
• up to 15-year terms

Business Acquisition Loans

• finance the purchase of an existing business
  
• up to 80 percent financing available
  
• repayment terms up to 10 years

Additional Benefits
All our flexible loan programs have unique benefits for the growing small business leader, including:

• low down payments which allow you to maintain your working capital
  
• extended repayment terms which lower your monthly payments

Securing Your Loan
When you are ready to begin the loan process, please have the following documents available when you call:

• current business financial statements and last three years’ business tax returns
  
• personal financial statements and tax returns
  
• a business pro forma, including income statement and balance sheet
  
• your personal résumé and the résumés of key employees

Want to learn more? Check our Frequently Asked Questions page.