BUSINESS LOANS

More than lenders, we’re business partners.

Our business banking team is adept at working with businesses on cash needs projections and long range business plans. It’s all part of our bank-business partnership philosophy.

Operating and Revolving Lines of Credit

The convenience and security of a line of credit creates nearly unlimited financial flexibility. You can request a transfer into designated accounts quickly and easily, allowing your business to take advantage of purchases and payment opportunities.

The operating line will support inventory and account receivable cash shortfalls to support continued operations of your business.

Permanent Working Capital

Depending on your business cycle or industry, a permanent working capital line of credit may be an option.

Permanent working capital loans are provided to fund permanent working capital needs that may be created by business growth and expansion, replacement of previously-funded short term debt, or capital that previously was funded by equity. These loans are for long term capital needs and should not be utilized to fund seasonal variances in operating cash flow.

Equipment

Is your business planning to make a large purchase or capital investment? Our lenders understand the business cycles and timing of cash flow and will design a term loan payment program at rates and terms that work for you.

Let one of our loan officers help you make that much needed purchase today.

Commercial Real Estate

Purchase land or a new or existing commercial property. Finance $25,000 to $2 million (larger amounts considered) – up to 80% of the property value (including fees and closing costs).

Our experienced lending team will evaluate your plan and make recommendations on the best financing options with rates and terms to support your business cash flow needs.

Commercial Lenders

Diane Bremer

DIANE BREMER

Director Commercial Banking
Paradise

(812) 942-4505

Diane has been employed with Peoples Bank since 2007. As Director, Commercial Banking, she and the commercial team are committed to excellent customer service to ensure a personable and outstanding banking experience.

Diane works to build value-added relationships with clients so she can better understand your business needs and help plan for the future. “My best source of referral is my customers!”

Contact Diane if you are looking for help managing day-to-day cash flow, funding acquisition and expansion, planning capital expenditures, or with business depository needs. She can develop solutions with your business and financial operations in mind.

Diane is a graduate of Maryville University of Saint Louis, MO with a B.S. in Management. She is a volunteer with Junior Achievement, an Advisory Board Member for Warrick County Junior Achievement, a board member for Warrick County Chamber of Commerce and committee member for several local events in both Indiana and Kentucky.

Questions regarding financial statements and tax returns?

If you wish to forward your financial statements in a secure email, please contact our lenders to arrange a secure link. Or you may email directly: commercialprocessing@ptsb-in.com

Loan Processor

Gina Heard

GINA HEARD

Commercial Loan Processor
Paradise

(812) 942-4539

Gina joined Peoples Trust & Savings Bank in December 2010 as a loan processing generalist. In 2012, she accepted the commercial loan processor position. Gina was recently named vice-chair of the marketing committee, and she volunteers at a number of community events. Employed in the banking industry since 1978, Gina has experience in commercial, consumer and student lending. She is a graduate of Oakland City University with a Bachelors of Science in Organizational Management and Human Resources Management.

Questions regarding loan documents, balances and payments? Please contact our commercial loan processor, Gina Heard.

Analysts

Jordan Rector

JORDAN RECTOR

Credit Analyst
Paradise

(812) 942-4515

Working at Peoples Bank since 2012, Jordan enjoys meeting and developing relationships with customers and co-workers the most. He will work hard through the process of extending credit to you and making sure you receive the best customer service possible. In his free time, he enjoys playing bass and acoustic guitar.

COMMERCIAL LOAN COORDINATOR

SHERRI RICE

Commercial Loan Coordinator
Paradise
(812) 942-4516

Sherri joined Peoples Trust & Savings Bank in August 2014 as a teller. In 2015, she accepted a position as commercial loan coordinator. Sherri has been in banking since 2005. She is a graduate of Indiana Business College with an Associate of Applied Science in both Accounting and Administrative Assistant. Sherri is very active in her local church where she holds the offices of Secretary and Trustee.

U.S. Small Business Administration (SBA) Business Loan Programs

Our lenders are experienced small business lenders and utilize the U.S. Small Business Administration loan programs when appropriate. The programs enable our lenders to provide funding for start-up business and help in situations where collateral shortfalls may be a factor.

Please contact our lending team with specific questions to be sure you are considering the best options for your financing needs.

SBA.GOV

7(a) Guaranty Program

The 7(a) Loan Program, SBA’s most common loan program, includes financial help for businesses with special requirements.

504 Capital Development Company (CDC) Program

The CDC/504 Loan Program provides financing for major fixed assets such as equipment or real estate. Premier Capital is our CDC business partner.

504PARTNER.COM

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