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Torrey Pines Bank offers a full suite of business loans and lines of credit that strengthen our clients’ capital and market position. Our experienced professionals will take the time to get to know you and your business so when it’s time to structure loan terms that will help you take advantage of market opportunities and seize the day, you can.
Commercial Real-Estate and Construction
Take advantage of our wide range of commercial real estate loans - whether you are financing, expanding, relocating or initially buying business real property. We have financing options available for:
- Acquisition and development
- Single family and multi-family construction
- Interim construction loans
- Construction loans with long-term financing
- Purchase loans for commercial buildings
- Refinancing of commercial buildings
Commercial Real-Estate
Torrey Pines Bank is ready to help you and your business purchase, obtain or improve real property. Our Commercial Real Estate Loans are term loans that are secured by income producing real estate for investors or owners, and are generally used to finance or re-finance real property.
Term Loans
Torrey Pines Bank offers a variety of options to finance or refinance Income-Producing and Owner-Occupied real estate. Our term loans are individually tailored to your financing needs and can have either variable or fixed interest rates for a term up to 10-years. These loans are secured by a first deed of trust on the property.
Construction Loans
A Torrey Pines Bank Real Estate Construction Loan is a non-revolving line of credit secured by real estate. The money is advanced through a flexible construction management process, which disburses funds as needed. During the term of the loan, you pay monthly interest only on the outstanding balance. The dollar amount needed for these payments may be included in total costs so that you do not have to pay interest "out of pocket." Construction financing is provided for Office, Industrial, Retail, Multi-Family and Residential Subdivisions. Torrey Pines will also consider financing land acquisitions for future development purposes on a case by case basis.
Equipment
Torrey Pines Bank Equipment Loans are designed to provide you and your company with valuable financing alternatives. We offer virtually all types of equipment leasing and financing options, such as enhancing your technology needs, expanding your product line, or increasing your plant's efficiency. Our equipment financing plans are tailored to meet your needs.
Letters of Credit
A Torrey Pines Bank Letter of Credit can help your business secure the purchase of goods on a domestic or international level. Our lending professionals will help you structure your trade transactions to avoid the discrepancies and inconsistencies that can cause costs, delays and potential loss of business.
*Additional disclosures will be provided at account opening.
Revolving Lines of Credit
A Torrey Pines Bank Revolving Line of Credit provides the flexibility to take advantage of business opportunities as they arise. Your business can borrow, repay, and borrow again up to the original amount committed by Torrey Pines Bank throughout the life of the loan. This type of credit facility is typically repaid from your business' operating cash flow (i.e. the collection of receivables). You can use a line of credit to fund seasonal changes in inventory and receivables, take advantage of vendor discounts, or meet unexpected cash needs. Lines of credit are a cost effective way to borrow and repay what your business needs when you need it.
SBA
Torrey Pines Bank offers expertise and consultation on a variety of financing options to streamline starting or expanding your small business operations. The SBA 504 loan program is a long-term financing tool, designed to encourage economic development by providing small businesses with long-term, fixed-rate financing to acquire major fixed assets for expansion or modernization.
Credit Cards
Visa Business:
The Torrey Pines Bank Business Credit Card is your ideal business credit card. It’s designed to provide a generous revolving line of credit to help manage business expenses and time more effectively. In addition to earning Dreampoints on every dollar you spend with your card, which allows you to choose from hundreds of rewards options including discounted travel, brand-name merchandise, gift cards, cruises, hotel stays and more, the business credit card helps you separate business and personal expenses, track expenses more efficiently and reduce paperwork with flexible billing options and cover unforeseen business expenses. You can also utilize available management reports to monitor card activity and simplify record keeping and tax preparation, saving time and money as well as improve cash flow by extending payments when necessary.
You may access your credit card information online at: www.e-creditcardservices.com/eCustService
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