Business Loans
Explore MHV business loans, lines of credit, vehicle and equipment financing, business credit cards, and commercial real estate loans.
Grow without worrying about finances.
Nearly 900 owners turn to MHV. All lending decisions are made in the Hudson Valley, with 24-hour approval for loan and credit line applications up to $25,000, subject to credit approval.
Nearly 900 owners turn to MHV
All lending decisions are handled right here in the Mid-Hudson Valley.
Business Term Loans:
Our most popular business loan — borrow a lump sum, typically for a specific purchase, then pay it back over a set term at a fixed interest rate.
Vehicle and Equipment Loans:
Get your business on the road with competitive rates for new and used commercial vehicles, and financing up to 7 years.
Business Line of Credit:
A flexible way to handle periodic borrowing needs. Our experts recommend a credit line so you can borrow the money you need, when you need it.
Business Overdraft Line of Credit
Protect your accounts from cash flow ebbs and late payments with a Business Overdraft Line of Credit.
Flex Business Line of Credit
This product provides automatic term loans from a larger Flex line of credit that can be used to purchase equipment for a business.
Business Letters of Credit:
Provide letters of credit as a form of collateral to help secure a project, giving the intended recipient monetary relief if work isn’t completed.
VISA® Platinum Business Credit Card:
Keep your business growing with credit lines of $1,000–$25,000 and no annual fee. Add authorized employees to your account.
Commercial Real Estate Loans:
Whether purchasing a new building or opening a new location, we provide commercial real estate loans for a variety of property types.
24-Hour Express Business Loan Approval
On loans and lines of credit up to $25,000.
Your business lending experts
Making the loan process simple and easy
“I have been with MHV for about 15 years. The staff has been wonderful and they know me by name. It’s a nice feeling to go into the MHV Branch and not just be another number.”
Everything your business needs
Pair your financing with the right deposit accounts and payment tools — all from a local team that knows the Hudson Valley.
Business Checking: No monthly fees on Free Checking.
Clover POS: Accept payments anywhere.
Frequently Asked Questions
You’ll need a Business Loan Application, in most cases a Personal Financial Statement, and various financial documents such as tax returns. For more information, request a call or appointment with a Business Lending Expert.
Collateral is very often required. For more information, request a call or appointment with a Business Lending Expert.
We offer a 24-hour Express Business Loan Approval on loans and lines of credit up to $25,000. All lending decisions are handled right here in the Mid-Hudson Valley.
You can download the business resolution form here and the personal financial statement here.
All loans are subject to credit approval and membership eligibility. Rates, terms, and conditions are subject to change without notice. Variable rate may increase after account opening. Personal guarantee and collateral may be required. Lines of credit are subject to periodic review.