benchmark lending

Commercial Lending
At Benchmark Bank, our commercial lenders are prepared to help with a variety of short and long-term loan products for your borrowing needs.

Loans for Working CapitalShort-term loans and revolving lines of credit can provide needed working capital and assist your organization in taking advantage of new business opportunities.
Equipment LoansTerm loans provide the financing you need to assist with your equipment and vehicle purchases.
Land Acquisition & DevelopmentBenchmark has the expertise you need to assist with all components of a land acquisition, development and construction, from architectural plans to payment schedules and coordination of all disbursements to sub-contractors.

Commercial & Industrial Real Estate LoansWhether you're buying, building, improving or refinancing, your business can count on Benchmark for experience in all types of real estate lending.
Small Business (SBA) LoansWe have the expertise to access the small business loan programs offered by the U.S. Small Business Administration (SBA), including those that provide up to 90% of the funds needed for long-term real estate mortgage financing.

A wide range of SBA loan programs are available. Talk to your Business Banker for details.
Most important, our Business Bankers are a helpful source of information on the local business community, economic conditions and more. If you're looking for the neighborhood perspective with no obligations, just give us a call.

The facility applies to Fannie Mae noncallable senior Benchmark Notes with original maturities from two to 10 years along with 3-month, 6-month & one-year Benchmark Bills.
For Benchmark Notes, Fannie Mae will issue to its own account an additional 25 percent of each new issue brought to market.

Fannie Mae only makes a portion of these securities available each day. Fannie Mae may lend out the total amount held in its account minus the amount lent on the previous day with a maximum of 15 percent of the total outstanding issue amount of a specific noncallable Benchmark Security at one time. Holding the remaining 10 percent in reserve will allow Fannie Mae to lend collateral even if fails occur, thereby strengthening our ability to have collateral available every day.

The relevant allocation for Benchmark Bills is an additional 50 percent issued to Fannie Mae's account with 35 percent available at a given auction and 15 percent held in reserve. Fannie Mae retains the right to change the percentage reserved for each issue at any time.