Loans to help build your business.
You have dreams of expanding your business. Shouldn’t your bank realize the importance of your business and help you build?
As a leading commercial real estate lender, Jewett City Savings Bank has the lending solutions and expertise to help your business and its real estate needs.
Our Commercial Real Estate loans include
Local
decisions
Great rates &
flexible terms
Online &
Mobile Banking
Paperless
statements
Personal service
from Neighbors
Lending in Your Corner
With local decision-making and access to the decision-makers, we’re able to provide you with the highest level of personal attention and guidance – and support you and your business every step of the way.
Commercial Mortgage
Purchase, renovate, or refinance a commercial property, such as an office building, shopping plaza, industrial facility, or apartment complex, with a Commercial Mortgage.
Construction-Permanent Mortgage
With a Construction-Permanent Mortgage, the borrower is provided with the funds to finance the construction or renovation of a commercial property. The loan is secured by the real estate that is financed. Funds are disbursed as stages of the construction or renovation are completed. Regular inspections are made to ensure the project is progressing according to the building plans. When the project is complete, the construction loan automatically converts to a Commercial Real Estate Mortgage.
Construction Loan for Speculative or Pre-Sold Projects
Financing is available for speculative and pre-sold projects; whether it’s the acquisition of land and construction of a building for commercial use, or construction loans to a residential contractor building new homes. Loan proceeds are disbursed during the construction period as phases of the construction are completed.
Your Life. Your Bank.
Use our information request form, visit any of our offices, or give us a call at 860-376-4444 and find out how Jewett City Savings Bank can help you.
