St. Louis Bank Business Financing and Credit
St. Louis Bank Is All About Helping Your Business Grow
Meeting the capital and financial service needs of growing businesses across the St. Louis region is the very reason why six St. Louis entrepreneurs joined forces to lead the formation of St. Louis Bank in 2005. Their founding legacy continues to guide our efforts today as we respond to a growing legion of clients with innovative solutions that address short- and long-term financing, cash management and information reporting needs. Our most popular financing programs follow.
Short-Term Working Capital Loans
St. Louis Bank offers annually renewable credit facilities with floating interest rates to provide cash flow for operations as well as contract line of credit financing to fund major, one-time projects. Accounts feature an automated sweep function to minimize interest expense. Borrowers make monthly, interest-only payments with principal reductions based on the borrower’s cash flow. The loans are secured by receivables and inventory.
Commercial Term Loans
Borrowers can select five- to seven-year notes with fixed or floating rates to cover merger and acquisition costs or to purchase equipment and other fixed assets.
Commercial Letters of Credit
St. Louis Bank issues standby letters of credit for vendor support and surety needs as well as state sales tax and commercial import letters of credit.
Commercial Construction Loans
St. Louis Bank can provide phased financing from land acquisition through development, construction and occupancy for distribution, retail, industrial and office properties. We also offer land acquisition and development loans for commercial and residential real estate projects.
Commercial Real Estate Mini-Perm Loans
We offer permanent financing on owner-occupied commercial buildings and distribution, retail, industrial, multi-family and office properties purchased for investment. These three- to five-year loans typically have a fixed rate and 15- to 20-year amortizations.
St. Louis Bank caters to homebuilders with land acquisition, development and home site development loans; term loans for the acquisition of developed lots; and approved guidance lines of credit financing for the construction of pre-sold homes. We also finance display and spec homes.
Government Guaranteed Loans
We collaborate with the U.S. Small Business Administration (SBA) to provide guaranteed equipment and working capital financing through SBA’s 7a program and loans for fixed assets via its 504 program.
Scouting For A Business Loan?
St. Louis Bank wants to earn your business! Get the process started by completing a Personal Financial Statement and getting in touch with one of our experienced commercial bankers, by calling us at 314-851-6200.