|
Loans
|
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.
- Provides
a term loan in conjunction with construction loan--supply
financing after construction is completed.
Back to Top
|
|
Residential
Construction Loans
Hancock
Bank offers a Residential Construction Loan that puts you
one step closer towards getting your next homebuilding project
started.
- You
can borrow funds up to a predetermined amount to acquire
lot inventory or land and to construct pre-sold and speculative
residential construction projects.
- Residential
construction loan borrowers / contractors have the capability
to view
statements online to review loan balances, view construction
draw history, stay on track with viewable payment due dates,
and much more.
- Mortgage
Loans are available for the homeowners.
- Lines
of credit are also available to make business cashflow easier.
Back to Top
|
|
Properties for Sale
Hancock Bank owns a variety of real estate properties including residential, commercial and/or lot/land properties. For more information or a complete list of Hancock Bank-owned properties for sale, email Tracie Ryan at tracie_ryan@hancockbank.com or call 228-323-6950.
Back to Top
|
|
Government
Lending Programs
Small Business Administration Loans
- 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 apply for
and utilize the right program.
Other
Government Loans
- Hancock
Bank also participates in other State and Federally guaranteed
loan programs such as:
- USDA
Rural Business Services
- State-supported
program
Back
to Top
|
|
Letters
of Credit
- Provides
standby and import Letters of Credit at competitive rates.
- Structured
in a variety of ways to accommodate your needs.
Back to Top
|
|
Credit
Card Services
Merchant Card Processing
Increase
your sales by accepting Visa® and MasterCard® credit
cards. Businesses that choose Hancock Bank for their card
payment processing can depend on outstanding processing services.
- Variety
of equipment and processing options.
- Sales
immediately credited to your account.
- Dependable
service from our local representatives.
Hancock
Bank Business Credit Card
One
of the best ways to manage, monitor, and control employee
business expenses is the Hancock Bank Business Credit Card.
- Accepted
at merchants worldwide.
- Monthly
statements help you monitor and control business expenses.
- A
convenient way for employees to pay for travel and entertainment
expenses.
Back
to Top
|
|
Leasing
Increase
productivity of your business, conserve capital, and in some
cases, enjoy tax benefits. We purchase the equipment for you
and design a lease best suited to your needs.
- 100%
Financing
- Flexible
terms
- Pay
with pretax dollars
- Make
level payments
- Capital,
True, and Municipal Leases available
Back
to Top
*All
deposit accounts, loans and lines of credit are subject to
standard credit approval. Product and service requirements
may vary based on the checking account selected. Minimum opening
deposit required. Business checking account required for Business
Resource Line of Credit.
|
|
|
|
Equal Housing Lender.
All loans subject to credit approval.
Whether
you need funding for startup or expansion, a loan can be the
lifeblood of your business. We offer growing businesses a
variety of flexible financial alternatives tailored to meet
each client's unique borrowing needs.