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Merchants Bank of Commerce
 

Specialty Banking

 
Accordion 1
Professional Management Banking
Specialized for Homeowner Associations and Property Management.
Our exceptional combination of industry expertise, personal attention and customized solutions benefit a wide variety of property management companies, condominium and homeowner associations.
 
Customized Services
Deposit Services
  • Business Checking/Reserve Accounts
  • Business Money Market
  • Certificate of Deposit (CDs)
  • CDARS® / ICS®
  • Electronic Statements
Loan Products
  • Major Repair or Replacement
  • Lines of Credit
  • Equipment Purchase
Cash Management Services
  • Remote Deposit Capture
  • Lockbox Service
  • Secure Online Banking
  • ACH Assessment Collection
  • ACH Fraud Filter
Management Professionals
EXCEPTIONAL PEOPLE | EXCEPTIONAL SERVICES
Our knowledgeable team will ensure a seamless and stress free transition.
  • Experienced bankers
  • In-house processing
  • Local decisions, prompt responses
  • Local experts to take your call
All loans subject to credit approval. Fees may apply.
 
Contact our Specialized Banking Specialist directly for information on our services at 916.677.5880 or 800.421.2575.
Accordion 2
Loan Solutions
Specialized for Homeowner Associations and Property Management.

Merchants Bank of Commerce’s exceptional combination of industry expertise, personal attention and customized solutions benefit a wide variety of property management companies and condominium and homeowner associations. Because our operation is entirely in-house, we can easily and efficiently offer customized lending products and services to meet your many needs, including:

  • Major repairs or replacements
  • Common area improvements
  • Equipment loans
  • Interim financing

We invite property management companies or homeowner associations to submit a loan request.

General Considerations
  • Time in existence: 5+ years
  • Minimum number of units: 16
  • Collateral: First-position lien rights on all association assessment payments
  • Association ownership: 50% or more
  • Monthly delinquencies: Fewer than 10%
  • Loan term and rate: up to 7 years, fixed or adjustable, based on loan risk
  • Required reserves: 3 months operating expenses; personal guarantees not required

Loan requests involving commercial real estate include additional considerations.

Our loan representative can also explain the many programs available for management companies and associations that do not meet any of the above criteria.

All loans subject to credit approval.

Accordion 3
Trade Association Banking
Specialized Banking for Trade Associations & Management Companies.
 
Customized Services
 Deposit Services
  • Business Checking/Reserve Accounts
  • Business Money Market
  • Certificate of Deposit (CDs)
  • CDARS® / ICS®
  • Electronic Statements
Loan Products
  • Major Repair or Replacement
  • Lines of Credit
  • Equipment Purchase
Cash Management Services
  • Remote Deposit Capture
  • Lockbox Service
  • Secure Online Banking
  • ACH Assessment Collection
  • ACH Fraud Filter
Management Professionals
EXCEPTIONAL PEOPLE | EXCEPTIONAL SERVICES
Our knowledgeable team will ensure a seamless and stress free transition.
  • Experienced bankers
  • In-house processing
  • Local decisions, prompt responses
  • Local experts to take your call
All loans subject to credit approval. Fees may apply.
Contact our Specialized Banking Specialist directly for information on our services at 916.677.5880 or 800.421.2575.
Accordion 4
Lockbox Automated Processing Service
Do your customers mail in payments, are they dispersed across a region, or do you hold on to checks over a day or two because you don’t have time to process them?
 
Lockbox enables you to:
  • Have faster access to your funds
  • Have timely receivables information
  • Have customized remittance processing
  • Have more efficient use of your office staff