Lending Services

Ameriana Bank has the resources to meet your borrowing needs. We're proud to act as your partner, delivering custom, comprehensive financing solutions for every phase of business growth.

Lines of Credit

We can customize an Ameriana line of credit to meet the unique needs of your business.

Revolving Lines Of Credit

Available as short-term working capital, revolving lines of credit are usually secured by business assets or other collateral. Terms are negotiable.

Seasonal Operating Lines

Available for extra liquidity in peak seasons, seasonal operating lines can help fund inventory and account receivable build-ups during certain times of the year. They can also be used when converting current assets to cash is slower than normal. Businesses usually maintain a zero balance for a certain number of days each year to ensure the line doesn't become permanent working capital.

Guidance Line of Credit

For use to acquire equipment, a guidance line of credit usually includes an aggregate limit and does not exceed one year. Each funding of machinery has an individual promissory note with a fixed interest rate and monthly payments not to exceed 60 months.

Contact us to discuss your line-of-credit needs.

Term Loans

When the need arises for purchasing equipment, business acquisition, or expansion, a term loan may be the appropriate option.

• Customize a loan to meet your goals and needs
• Choose a repayment schedule that works for your business
• Enjoy the convenience of automatic debit

Contact us today for a consultation at your office or at the Ameriana location nearest you.

SBA loans

Getting the right Small Business Administration loan for your needs can make all the difference. Let us guide you through the application process for one of the following:

Ameriana Government Guaranteed 7A Loans

Generally used to expand a business, these loans are for working capital and for the purchase of inventory, equipment and other assets.

SBA Express Loans

Express loans are made in amounts less than $350,000 and can be structured as either a loan or line of credit.

504 Development Loans

Made for longer-term real estate purchases, leasehold improvements or equipment, 504 Development Loans usually require smaller down payments than conventional real estate loans.

Contact us today for a consultation at your office or at the Ameriana location nearest you.

Visa^® Credit Cards

Visa cards are the world's most widely used and accepted form of credit card payment. Ameriana offers a variety of options. Choose from our Business Edition, Business Edition Plus with Maximum Rewards, Commercial Edition or the Purchasing Edition.

Business Edition: Ideal for small, privately-held businesses with small credit-line requests who do not want rewards.

• No Annual Fee.
• Manage and track expenses with separate expenditures for items such as office supplies, day-to-day business purchases, company travel and entertainment.
• 0.00% APR for the first nine billing cycles on purchases and balance transfers.
• The greater of 9.99%, 13.99%, 19.99% Floor Rate or 2.49%, 6.49% or 12.49% + Index Rate* for purchases.
• The greater of 19.99% Floor Rate or 15.75% + Index Rate* for cash advances.

Business Edition Plus: Ideal for businesses with any credit-line requests wanting a rewards program.

• No Annual Fee.
• Manage and track expenses. With separate expenditures for items such as office supplies, day-to-day business purchases, company travel and entertainment.
• Earn 1 point for every $1 in purchases. Redeem a reward with only 2,500 points for items such as office equipment, merchandise, full-service travel with no restrictions, gift cards or certificates, cash back to your account, experiential rewards or charitable donations.
• Three year expiration cap.
• No annual point cap.
• 0.00% APR for the first six billing cycles on purchases and balance transfers.
• The greater of 13.99%, 19.99% Floor Rate or 6.49%, + 12.49% Index Rate* for purchases.
• The greater of 19.99% Floor Rate or 15.75% + Index Rate* for cash advances.

Commercial Edition: Ideal for mid-to large-sized companies.

• Place electronic controls and restrictions.
• Online account access and receive monthly paper reports to manage expenses from travel, entertainment or procurement.
• Categorize employee card use.
• Roll-up billing.
• The greater of 11.99% Floor Rate or 8.00% + Index Rate** for purchases.
• The greater of 21.08% Floor Rate or 18.50% + Index Rate* for cash advances.

Purchasing Edition: Ideal for mid-to-large sized companies needing more than ten cards.

• Place electronic controls and restrictions.
• Online account access.
• Provides streamlined accounts payable.
• Level II and III reporting.
• Roll-up billing.
• Simplifies procurement process and allows you to manage expenses from repetitive spending, specific types of purchases and indirect business-to-business expenses.
• The greater of 11.99% Floor Rate or 8.00% + Index Rate** for purchases.
• The greater of 21.08% Floor Rate or 18.50% + Index Rate* for cash advances.

*The Index Rate is the highest U.S. Prime Rate as published in the Wall Street Journal on any day during the 90 days immediately preceding the last day of each calendar month.

**The Index Rate is the highest one-month London Interbank Offered Rate as quoted in the Wall Street Journal on any day during the 90 days immediately preceding the last day of each calendar month.

Contact us today for a consultation at your office or at the Ameriana location nearest you.