Construction Loan
Product Description:
- A construction loan provides funds to renovate an existing office, plant or facility, typically over a period of six to nine months. Upon completion, the construction line of credit will be converted to a permanent mortgage loan.
How to Apply:
- Contact a Business Banking Relationship Manager by sending a request to businessbanking@ubphila.com.
Commercial Mortgages
Product Description:
- Commercial Mortgages are used to purchase, refinance or renovate a variety of commercial properties, including office buildings, mixed-use properties, and multi-family apartments.
How to Apply:
- Contact a Business Banking Relationship Manager by sending a request to businessbanking@ubphila.com.
Commercial Term Loans
Product Description:
- A term loan can provide the financing you need to grow your business. They are especially appropriate for long-term capital requirements—such as:
- office improvements
- Purchase of machinery
- Purchase of vehicles.
Fixed and floating rate loans are available.
How to Apply:
- Contact a Business Banking Relationship Manager by sending a request to businessbanking@ubphila.com.
Nonprofits
Features:
Designed specifically for non-profit organizations to cover funding needs between grant and/or receivable payments
- Borrower must have a specific repayment source that can be pledged as collateral
- Customized pricing based on lending requirements and bank relationship
How to Apply:
- Contact a Business Banking Relationship Manager by sending a request to businessbanking@ubphila.com.