At Rondout Savings Bank, we recognize that your business is unique and we take pride in getting to know you and your business needs.
We have a professional, experienced Business Banking team available to provide a variety of competitive and flexible business loan products tailored to meet your specific needs. We offer a wide variety of services with competitive pricing, our decisions are made locally and we respond in a timely, accurate and professional manner.
Meet our Commercial Lending Professionals
Evan Rothfuss AVP Commercial Loan Officer
Evan Rothfuss joined Rondout Savings Bank in 2014 and his current position is AVP, Commercial Loan Officer specializing in commercial mortgages and construction loans on all asset classes, in addition to business lines of credit and term loans. Evan utilizes his 5 years of experience with Rondout Savings as a commercial credit analyst in order to provide unique and flexible financing solutions and business loan products that meet each client’s individualized need.
Evan is a participant in the Hudson Valley Pattern for Progress Fellows Program and is also involved with the American Heart Association’s Heart Walk. Evan is a graduate of SUNY Geneseo, he holds a Bachelors in Business Administration and currently resides in Rhinebeck.
Commercial Real Estate Mortgages
Obtain financing for owner-occupied or investment commercial real estate. Put our long-time and local experience to work for you.
FEATURES
- Quick approval process
- Maturities may be up to 25 years
- Competitive pricing
- Life of the loan service from Rondout Savings Bank
- Automatic payment from a Rondout Savings Bank account available
- Use funds to purchase, refinance or expand.
- Local Underwriting and Decision Making
Commercial Mortgages
Whether you are ready to make a purchase, refinance or renovate your existing facility, we have the right Commercial Mortgage solution for you. At Rondout Savings we offer competitive pricing, flexible terms and financing options, together with local decision making. Our Business Banking professionals will be with you throughout the entire mortgage process and are committed to getting it right the first time.
Commercial Construction Loans
Whether you are planning new construction or expanding on your existing real estate, our professional Business Banking team will help you through each phase of the project. Our Commercial Construction Loans can be tailored to your needs. They offer flexible repayment terms and competitive pricing. Because our decisions and disbursements are made locally, your construction projects are our priority!
Business Lines of Credit
Rondout Savings offers you the flexibility you need to operate your business efficiently and effectively every day. Our Business Line of Credit is the solution to short-term working capital needs, inventory financing and any immediate cash flow needs of your business.
This financing solution offers flexible terms and competitive pricing. This Business Line of Credit makes funds available up to a pre-established limit. All decisions are made locally in a professional, timely and accurate manner.
If you are experiencing short-term working capital needs a Business Line of Credit may be the solution.
FEATURES
- Flexible terms and competitive pricing
- Revolving Line of Credit with funds available up to a pre-established limit
- Local Underwriting and Decision Making
- Easy access to available funds
Business Term Loans
A term loan from Rondout Savings Bank is a convenient financing option that you can use to finance new or used machinery, equipment, leasehold improvements, update your technology and more. We offer a variety of financing terms, competitive pricing, quick turnaround, and credit approval decisions are made locally. Our competitive pricing and flexible repayment terms can help you turn your goals into reality.
Finance long-term working capital or equipment with regular payment terms.
FEATURES
- Variety of Financing Terms Available
- Competitive pricing
- Local Underwriting and Decision Making
SBA Loans
Rondout Savings Bank is proud to be a bank certified to offer Small Business Administration guaranteed financing to our business clients. Our Business Banking professionals are experienced in a variety of SBA programs. Each program has unique benefits to meet your specific needs. Additionally, you will deal directly with your Rondout Savings Business Banker who will support you through the entire loan process.
For more information on SBA financing, please visit www.sba.gov.
SOME BENEFITS TO SBA GUARANTEED LOANS MAY INCLUDE:
- Lower down payment requirements.
- Longer repayment terms.