Refinance with a line of credit


Revolving credit lines can be drawn down and repaid repeatedly, up to credit limit

Advances are typically tied to a formula of accounts receivable, inventory and/or equipment

Interest accrues only on amount borrowed, only until principal is repaid

 

Refinance with a term loan


Flexible terms to meet the needs of different companies

Competitive interest rates

Flexible financing requirements and collateral needs
 
 How to Apply
To apply for financing, simply reach out to one of our lenders. From here, our lenders will discuss your business and goals and walk you through the application process. Please be prepared to provide the following:
  • Your last three years business tax returns
  • A current interim balance sheet with profit and loss
  • Two years of projections if you are a startup or your business is less than three years old
  • A current personal financial statement and two years of personal tax returns for anyone who owns 20% or more of the business
 

Why United Bank

No matter what stage your business is in, United Bank has a solution to help take you to the next level. We understand the needs of local businesses because we've served West Michigan for over 100 years. This knowledge along with our ability to make decisions locally allows us to offer a simpler, faster way to get you the funds you need to achieve your goals.
 
With the right team, you can achieve anything. We take the time to get to know you, working together to create the right financial solution for you. Working with the same lender year after year, we’ll build the kind of relationship that makes doing business easier.
 
We’re dedicated to making our community the best it can be through a thriving business community. When you choose United Bank, you choose a partner, advocate and community leader.