Private Sector Financing
Removing Barriers to CapitalGrowth Capital
Considering expansion or restructuring of operations, entering new markets or financing a significant acquisition? Growth Capital or Expansion Capital could be the financing you are looking for.
For more information on Growth Capital contact one of these local lenders:
| Farmers National Bank – Contact Andy Estock @ 330-501-9966 or aestock@farmersbankgroup.com |
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Huntington National Bank – Contact 330-719-6074 or Yaskulka@Huntington.com |
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Premier Bank – Contact Joe Fanto @ 330-742-0205 or jfanto@yourpremierbank.com |
Real Estate & Equipment Finding
Purchasing or expanding a facility? Purchasing new equipment? A Commercial Real Estate or Equipment Loan may be what you are looking for.
A commercial real estate loan is a mortgage secured by a lien on commercial property. Commercial real estate (CRE) refers to any income-producing real estate that is used for business purposes; for example, warehouses, manufacturing facilities, offices, retail, hotels, and apartments.
Equipment funding works similarly by using the equipment as collateral for the loan. Equipment financing normally has shorter loan terms than real estate financing.
For more information contact one of these local lenders:
| Consumers National Bank – Contact Vicki Hall @ 330-936-4494 or vhall@consumersbank.com |
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Farmers National Bank – Contact Andy Estock @ 330-501-9966 or aestock@farmersbankgroup.com |
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Huntington National Bank – Contact 330-719-6074 or Yaskulka@Huntington.com |
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Premier Bank – contact Joe Fanto @ 330-742-0205 or jfanto@yourpremierbank.com |
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Valley Partners — contact Terrence Louk @ 330-759-3668 x12 or terry@valleyedp.com |
Receivables & Inventory Funding (ARIF)
For more information on ARIF lending, please contact one of these local lenders:
| Consumers National Bank – Contact Vicki Hall @ 330-936-4494 or vhall@consumersbank.com |
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Farmers National Bank – Contact Andy Estock @ 330-501-9966 or aestock@farmersbankgroup.com |
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Huntington National Bank – Contact 330-719-6074 or Yaskulka@Huntington.com |
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Premier Bank – Contact Joe Fanto @ 330-742-0205 or jfanto@yourpremierbank.com |
Research & Development Funding
Innovating, developing new products and services? Interested in taking new products to market? Research and Development funding may be your first stage in developing your new product or service.
For more information on R&D Financing, please contact one of these local lenders below or the SOD Center for State of Ohio Programs:
| On a limited basis – Farmers National Bank – Contact Andy Estock @ 330-501-9966 or aestock@farmersbankgroup.com |
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Premier Bank under the SBA 7A program – Contact Joe Fanto @ 330-742-0205 or jfanto@yourpremierbank.com |
| Regional 166 Direct Loan Program (see public sector financing) |
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Huntington National Bank – Contact 330-719-6074 or Gregory.Yaskulka@Huntington.com |
Contact the SOD Center for more information – 330-337-7669 or execdir@sodcenter.com
Startup Funding
Starting a new business? Need capital? Entrepreneurs use Startup Funding to assist with required expenses involved in creating a new business. This includes paying for the initial hires, obtaining office space, permits, licenses, inventory, research and market testing, product manufacturing, marketing, or other expense. Startup funding is one of the riskiest forms of commercial lending and may require alternative forms or a combination of lending outside of traditional bank lending.
For more information on Startup funding contact one of these local lenders or the SOD Center:
| Huntington National Bank – Contact 330-719-6074 or Gregory.Yaskulka@Huntington.com |
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Farmers National Bank – contact Andy Estock @ 330-501-9966 or aestock@farmersbankgroup.com |
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Premier Bank – Contact Joe Fanto @ 330-742-0205 or jfanto@yourpremierbank.com |
Contact the SOD Center for more information 330-337-7669 or execdir@sodcenter.com
Working Capital
Need capital to assist with your company’s everyday operations? A working capital loan can provide you working capital to cover your business’ short-term operation needs, such as purchasing inventory, paying short-term debt, and day-to-day operating expenses.
For more information on a Working Capital loan, contact these local lenders:
| Consumers National Bank – contact Vicki Hall @ 330-936-4494 or vhall@consumersbank.com |
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Farmers National Bank – contact Andy Estock @ 330-501-9966 or aestock@farmersbankgroup.com |
|
Huntington National Bank — contact 330-719-6074 or Yaskulka@Huntington.com |
|
Premier Bank — contact Joe Fanto @ 330-742-0205 or jfanto@yourpremierbank.com |
|
Valley Partners — contact Terrence Louk @ 330-759-3668 x12 or terry@valleyedp.com |
