Business Loans

American Bank offers a wide range of loan products to meet your business needs.

Our Business Loans Include

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Real Estate

Owning commercial real estate can save you money and be a sound business investment. We offer loans that will help make the sometimes complex commercial real estate process as simple as possible.

Owner Occupied Real Estate

For those that are tired of paying rent on their company’s building, American Bank offers a variety of loans for the purchase, refinance, or improvement of owner occupied property.

  • Up to 80% loan-to-value.
  • Amortizations up to 20 years.
  • Rate and terms vary.

Investment Property

We offer financing solutions for the purchase, refinance, or improvement of non-owner occupied office buildings, retail centers, single family homes, multi-use properties, multi-family buildings and more.

  • Up to 80% loan-to-value.
  • Amortizations up to 20 years.
  • Rate and terms vary.

New Construction

American Bank has been supporting local home builders and real estate developers since 1952. Whether dealing with custom, pre-sold, or speculative construction, we have an experienced staff that can help you get the financing you need.

  • Loans up to 90% of cost, subject to credit approval.
  • Interest only payments during construction.
  • Reasonable origination fees.
  • Rate and terms vary.

How do I apply?

Please contact us at (254) 412-2000 or email our lending team if you have additional questions or wish to learn more.

Equipment

Nothing is more essential to the operation of your business than the equipment you use and the vehicles you drive.

 

Vehicles

  • Up to 100% of value, subject to credit approval.
  • Amortizations up to 6 years.
  • Rate and terms vary.

Industry Specific Equipment

Whether it’s medical, manufacturing or something in between, American Bank provides financing solutions for new and used equipment to help your business grow.

  • Up to 100% of value, subject to credit approval.
  • Flexible amortizations and terms.
  • Rate and terms vary.

How do I apply?

Please contact us at (254) 412-2000 or email our lending team if you have additional questions or wish to learn more.

Lines of Credit

Running a business can require a lot of capital. Whether you need cash to bridge short term cash flow needs, purchase inventory, or carry accounts receivable, we can customize a line of credit product just for your business.

 

Lines of Credit Details

  • Interest only terms.
  • Flexible payment options.
  • Secured and unsecured lines available.
  • Rate and terms vary.

How do I apply?

Please contact us at (254) 412-2000 or email our lending team if you have additional questions or wish to learn more.

SBA Loans

The US Small Business Administration (SBA) is a federal agency committed to furthering the growth and development of small businesses. One of the ways it does this is by guaranteeing loans to small businesses made through lending partners nationwide. American Bank is an SBA-approved lender and can offer a suite of SBA products to SBA-eligible businesses, including SBA Express, SBA 7(A), and SBA 504 loans.

 

The benefits of SBA loans are:

  • Lower downpayment requirements than conventional loans.
  • Unconventional collateral.
  • Lesser time in business accepted.

SBA loans serve a variety of business financing needs, including:

  • Owner-occupied commercial real estate purchases.
  • Business acquisition or expansion.
  • Construction.
  • Equipment, inventory or working capital.

Want to know more?

  • Visit SBA.gov to learn more about the different programs available through the SBA.

How do I apply?

Please contact us at (254) 412-2000 or email our lending team if you have additional questions or wish to learn more.

Lending Team

Round Bank

  • Brad Neimer - Executive Vice President - 254-867-7610 NMLS#1637903
  • Jim Lambert Senior Vice President Lending –254-867-7637 NMLS#452932
  • Ashley Posey - Assistant Vice President - 254-867-7601 NMLS#938545

American Plaza

  • Dana Hassell President and CEO – 254-751-8340 NMLS#452929
  • David Hicks Executive Vice President– 254-751-8302 NMLS#452930
  • Willard Still Vice Chairman – 254-751-8301 NMLS#452935
  • Kyle Akin Executive Vice President and Chief Lending Officer– 254-751-8338 NMLS#452927
  • Mike Schmidt Executive Vice President Lending – 254-751-8321 NMLS#452933
  • Vicki DeGraw Vice President Mortgage Loan Officer – 254-751-8305 NMLS#452928

Downtown

  • Nick Deaver Vice President - 254-751-8362 NMLS#1560966

 

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