Business Loans and Credit
At West Alabama Bank, we understand that a cash infusion can make a big difference for your business. We want to get to know you, so that when you need a loan or a line of credit, we can provide something that will meet your precise needs. And remember, we make decisions right here at home. We believe the best way to do business is face-to-face.
Commercial Real Estate Loans
This is where West Alabama Bank’s expertise can really make a difference. Your bank has the local knowledge and commercial real estate experience to point you toward the right solution. We offer flexible terms so when you’re ready to move your business, we make it easy.
Local decision making
Flexible terms
Competitive interest rates
Term Business Loans
When your cash needs don’t fall into a particular category, a Term Business Loan from West Alabama Bank can fit the bill. Whether you need operating capital, equipment or even cash for payroll, you can get it from your bank.
Local decision making
Flexible loans for any expense
Competitive interest rates
Construction Loans
Building your company’s next home may be expensive on the front end, but it pays dividends later. We let you make interest-only payments until construction is complete. It’s a small way we can help you build your business.
Local decision making
Competitive interest rates
Customized terms for your project
Make interest-only payments until completion of construction
Working Lines of Credit
Once we get to know you and your business, we may recommend a Working Line of Credit to help you weather seasonal slowdowns or to make large purchases. You can borrow against the line of credit when needed and pay it down when cash flow is up.
- Local decision making
- Competitive interest rates
- Flexible, customizable terms
- Borrow as needed, up to a predetermined amount
- Pay down monthly to avoid interest
Irrevocable Letters of Credit
If you need guaranteed financing terms for a set period of time, an Irrevocable Letter of Credit might be the answer. Our business experts can help you decide if this is the right choice for you.
- Facilitate international trade
- Get guaranteed terms between two parties
- Ensure payment from your buyer or the buyer’s bank
Agricultural Loans
West Alabama Bank has been helping local farmers for years, and we know the unique challenges you face. Sit down with our team and tell us what you’d like to do. From expanding your operation to covering day-to-day costs, we can build a loan that lets you accomplish your goals.
- Local decision making
- Competitive interest rates
- Expert knowledge of your business
- Purchase equipment
- Expansion loans