Commercial Finance Products 

We offer a full line of finance products to meet your financial needs.


Revolving Lines of Credit

• Use to fund your company’s growth
• Use to fund your periodic, special-purpose working capital needs
• Conveniently scheduled for conversion to term amortization after the project term of a product cycle
• Can be structured to revolve with assets, such as accounts receivable
• If your business is seasonal, we can provide a line of credit to support your working capital needs before your current assets convert to cash, with periodic “cleanup” periods at those times when you have cash to reduce your debt
• Priced at competitive floating rates

Term Loans

• Use to expand your facility
• Use to purchase a special type of equipment
• Priced at competitive floating or fixed rates
• Flexible maturities and amortization schedules

Commercial Mortgages

• Use to purchase, refinance or improve owner occupied commercial and investment properties, including construction financing
• Competative loan to value ratios are available 
• Flexible maturities and amortization schedules

Loans with Special Structure or Purpose

• Loans secured by marketable collateral
• Receivable and inventory loans
• Franchise financing
• Business acquisition financing

Please contact one of our commercial lending specialists:

Vincent Baratta, First Vice President
(773) 423-2549
vbaratta@devonbank.com                   

Vincent Sarelli, Vice President
(773) 423-2559
vsarelli@devonbank.com   

Michael Cibelli, Vice President
(773) 423-2556
mcibelli@devonbank.com    
   

Randall Soderman, Vice President
(773) 423-2563

rsoderman@devonbank.com     

 

 

 

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