© 2017 All Rights Reserved - Peoples State Bank of Munising
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Peoples State Bank of Munising, Michigan
Your Hometown Bank since 1910
Business Loans Commercial Loans | Other Loan Services Commercial Loans Term Financing Amortizing loans are available for a variety of purposes, including acquisitions, permanent working capital, and equipment financing. Annually renewable lines of credit are available with the option to convert the outstanding balance at the end of each year to a term loan with an amortization term appropriate to the type of collateral securing the loan. Commercial Real Estate Commercial real estate mortgages are available for new construction, acquisition and refinancing purposes. Commercial construction loans typically run from six to twelve months with the option to convert to an amortizing term loan upon completion of the project. Commercial real estate loans generally amortize from fifteen to twenty years. Commercial Line of Credit Working capital lines of credit are provided on a revolving basis and are annually renewable. Back to top New Construction Loans Borrowers can construct a home or garage, while making interest only payments based on the outstanding principal balance on the construction loan. Once the construction is complete, the loan will be converted to the mortgage loan option that is best for you. Other Loan Services Access to Personal and Small Business Credit Cards ACH / Auto Debit Loan Payments Back to top
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© 2017 Peoples State Bank of Munising - All Rights Reserved
Peoples State Bank of Munising
PSB Logo
Business Loans Commercial Loans | Other Loan Services Commercial Loans Term Financing Amortizing loans are available for a variety of purposes, including acquisitions, permanent working capital, and equipment financing. Annually renewable lines of credit are available with the option to convert the outstanding balance at the end of each year to a term loan with an amortization term appropriate to the type of collateral securing the loan. Commercial Real Estate Commercial real estate mortgages are available for new construction, acquisition and refinancing purposes. Commercial construction loans typically run from six to twelve months with the option to convert to an amortizing term loan upon completion of the project. Commercial real estate loans generally amortize from fifteen to twenty years. Commercial Line of Credit Working capital lines of credit are provided on a revolving basis and are annually renewable. Back to top New Construction Loans Borrowers can construct a home or garage, while making interest only payments based on the outstanding principal balance on the construction loan. Once the construction is complete, the loan will be converted to the mortgage loan option that is best for you. Other Loan Services Access to Personal and Small Business Credit Cards ACH / Auto Debit Loan Payments Back to top
Your Hometown Bank since 1910
Nada Guides