Whether you have a small or large business, our commercial lenders understand your individual needs. We take time to know you and your business so we can offer financial solutions specific to your business. We believe helping you succeed ensures our success. We want to be your bank.
| Term Loans |
| Commercial Mortgage |
| Construction Loans |
| Line of Credit |
| Letters of Credit |
| Credit Card |
| Redi Reserv (overdraft protection) |
For detailed information on loans, contact us , visit one of our branch locations or call toll free 888-557-2265. See our rate page for current rates and terms.
Loan Calculator - You could use this calculator to estimate your monthly loan payment. Please note the calculated amount is an approximate value and may differ from the bank's final calculation.
To prepare for your appointment with a Commercial Lender, here are a few things to bring:
Existing Business- 3 years federal tax returns on the business
- Interim balance sheets and income statements
- Current personal financial statement
- 3 years federal tax returns on the business
- Interim balance sheets and income statements
- Signed purchase agreement
- Projections for at least one year - cash flow, balance sheet, and income statement
- Detailed business plan including management resume
- Current personal financial statement
- Last 3 years federal tax returns on individual
- Projections for at least two years - cash flow, balance sheet, and income statement
- Sources of start-up capital
- Use of proceeds
At Bank of Travelers Rest, we have experienced professionals who are committed to providing quality, personalized service. We will work with you to determine your company's needs and the most effective use of credit to meet these needs. Whether you are looking to purchase an existing business, start a new business or just need money for the daily operations of your current business, Bank of Travelers Rest has the competitive rates and superior service you deserve.
Term Loans
Our Business Term Loans are ideal for short-term capital or purchase needs. For more information, contact a lending professional today.
Commercial Mortgage
Bank of Travelers Rest's real estate loan professionals provide you hands-on knowledge of the surrounding market. We ensure the highest level of responsiveness with local decisions. At Bank of Travelers Rest, our flexible real estate mortgage and financing options can help you secure the property your business requires. From income producing properties, to warehouse facilities and land development - we have a simple solution for you.
Features include:
- Terms up to 15 years
- Competitive fixed or variable interest rate
- Quick approval process
Construction Loans
Whether you are constructing a commercial building, renovating, or remodeling, our expertise in construction financing allows us to keep the process as simple as possible. This means there's only one closing and once complete, your loan can graduate into permanent financing. For more information, contact a lending professional today.
Line of Credit
You've worked hard to build your business. So why not take it to the next level with a line of credit from Bank of Travelers Rest? Our Line of Credit (LOC) helps your business meet short term capital needs, inventory and receivable financing. For more information, contact a lending professional today.
Benefits of Lines of Credit
- Provides the ready cash, so you can take advantage of unexpected opportunities and meet short-term funding needs
- Access your line by making a phone or online transfer
- Interest-only payment option
- Competitive interest rates
- Convenient automatic debit feature
Letters of Credit
Looking for a way to establish a solid relationship with a company with whom you have little or no history? Letters of Credit are guarantees of payment to help you make purchases or transact business with companies with whom you have limited trading experience or credit history. Cash or marketable securities are generally used to secure the credit. For more information on a Letter of Credit, contact us via our website or visit one of our branch locations.
Letters of Credit Benefits
- Can be used to guarantee payment for goods and services
- Standby Letter of Credit is used as assurance that your business will fulfill its contractual obligations
A Bank of Travelers Rest VISA card is more than just another card, it's an easy way for you to reward yourself with quality gifts and great travel. With our VISA card, you earn ScoreCard bonus points towards hundreds of brand name items or travel rewards.
If you are already a cardholder, view your statement online at: www.mycardstatement.com. You may also view ScoreCard prize options at: www.scorecardrewards.com.
Cardholder Features and Benefits- No Annual Fee
- Local contact for problem resolutions
- Low, competitive APR (annual percentage rate)
- FREE Balance Transfer Option
- Online Fraud Protection Through Verified by Visa
- Online Access to Account Information
- ScoreCard Program (points for merchandise or travel)
- Travel Accident Insurance
- Skip-A-Pay option during November, December and January
- 24-Hour ATM Cash Access
- 24-Hour Telephone Account information at 1-800-423-7503
If your Credit Card is lost or stolen, contact us immediately at 888-557-2265. After bank hours, call 1-800-325-3678 to cancel your card.
Redi Reserv
Redi Reserv is a line of credit attached to your Bank of Travelers Rest checking account. Every time you write a check over your account balance, Redi Reserv will cover it up to the credit limit in $500 increments. There is no fee for Redi Reserv unless you access the line. Once the line is accessed, you will be charged interest on the amount used. To apply for Redi Reserv, complete an online application, call the bank at 888-557-2265 or visit the branch location nearest you.
Member FDIC | Equal Housing Lender
42 Plaza Drive, Travelers Rest, SC 29690
(888) 557-2265