Commercial Lending
The Funds You Need to Make Your Business Shine
The Park Avenue Bank provides the funds you need to grow your business. The right financing is essential to the success of any business, but not every business has the same financial requirements. That’s why at The Park Avenue Bank, we tailor our loans to your needs. Whether you are an established professional or company, or an entrepreneur launching your dream, we have a full range of commercial loans, lines and other specialized credit products to meet your financing needs so your business will shine.
Custom-Tailored Business Loans
At the Park Avenue Bank, we take the time to learn what is best for your particular situation. Our business experts work with you to determine the most convenient and efficient way to structure your loan.
Lines of Credit provide working capital funds for your day-to-day operations that enable your business to maximize profitability. This working capital will help you adjust to seasonal needs, expand inventory, alleviate cash flow shortages or support you through sudden and unexpected opportunities. Our commercial lines of credit permit you to readily borrow and repay funds as needed to meet short-term liquidity needs.
Accounts Receivable and Inventory Financing allow you to take advantage of your company’s trading assets to increase your borrowing capacity. A revolving line of credit will allow you to increase your cash flow by leveraging your inventory and receivables to fully maximize working capital.
Term Loans are available for longer term needs for financing equipment, real estate or acquisition and can be created to match your borrowing needs.
SBA Loans are provided from The Park Avenue Bank through a third-party. SBA Loans receive the full faith and credit backing of the Federal Government on a portion of the loan.
Healthcare Financing provides flexible cash flow solutions to the ever-evolving medical industry to acquire medical equipment for new practices, assist in the expansion of existing practices, support the acquisitions of nursing home facilities, or to maintain the latest in technology.
Equipment Leasing provides practical lending solutions for companies looking to sell or acquire equipment to grow the business or just stay ahead of the competition.
Trade Finance is available for importers and exporters with international business relationships. The Park Avenue Bank provides a complete set of import and export services:
- Import Letters of Credit provide your business with a guarantee that your suppliers will be paid upon meeting certain documentary requirements.
- Export Letters of Credit offer you a high degree of security and protection for the goods you sell abroad.
- Standby Letters of Credit provide financial guarantees to your suppliers, customers, landlords, or other parties.
- Documentary Collections are available as an alternative to letters of credit when the importer and exporter have an established relationship. The Park Avenue Bank will handle your transaction, payment and documentation.
For more information, please contact Edward Beyer, Chief Lending Officer, at 212-755-4600.
