Commercial Loans

Is your business expanding? Are you acquiring new equipment or seeking other capital?

The Commercial Loan professionals at First Hope Bank will work with you to develop appropriate financing. We offer a complete portfolio of short and long term commercial loan products to fit your financing requirements:

• Commercial Mortgages with Flexible Terms
• Time Loans or Term Loans
• Demand Loans
• Revolving and Non-Revolving Lines of Credit
• Commercial Construction Loans
• Lease Purchase Transactions
• Bond Anticipation Notes
• Letters of Credit

When applying for a commercial loan through First Hope Bank, all owners/partners of your business are required to fill out the Personal Financial Statement, a required part of the commercial loan package. Click here to download the Personal Financial Statement in Adobe Acrobat format. If you do not have Adobe Acrobat, please click here to download the program from Adobe's website.

Interested in an overdraft line of credit up to $15,000? Apply for the Hope Business Advantage1, a commercial overdraft line of credit linked to your business checking account. The rate is 1.5% above First Hope Prime, and the application process is easy! Click here to fill out and print an application in Adobe Acrobat format. If you do not have Adobe Acrobat, please click here to download the program from Adobe's website.

If you would like more information about any of First Hope Bank's Commercial Loan Products, please contact Thomas D'Urso (for the Sparta/Andover/Hackettstown/Great Meadows area) at (973)729-8333, extension 3319, or Sharon Nothstein (for the Hope/Blairstown area) at (908)459-4121, extension 6510.

1 Subject to credit approval. Account is variable. There is a $50.00 annual renewal fee for this account. First Hope Bank Prime is currently 6.00% as of 06/19/08. Offer may be withdrawn any time without notice. Member FDIC