Credit can be used to fund accounts receivable, purchase additional inventory, or any other short-term capital needs. Interest applies only to the amount you borrow. Back to Top Term Loans Allows you to finance major equipment, plant or building expansion or any other project that requires long-term financing. Period of repayment is determined by the economic life of the collateral involved, repayment ability of the company and the needs of the client. Back to Top Construction Loans Allows you to borrow funds up to a predetermined amount to acquire land and to construct owner-occupied buildings or investment property.
Interest only applies to the amount borrowed.
The Small Business Administration has a variety of programs that Hancock Bank uses to meet the needs of businesses that might not qualify for traditional commercial loans. A specialist is available to help small businesses to apply for and utilize the right program. Structured in a variety of ways to accommodate your needs. Businesses that choose Hancock Bank for their card payment processing can depend on outstanding processing services. Variety of equipment and processing options.