Business Lending Services

For over 100 years, Bank of Botetourt has been partnering with our local business customers to help them achieve all of the financial goals they have set for their businesses. We live and work in the communities we serve and we have a vested interest in seeing our local businesses succeed. That's why, when you find it necessary to borrow money to start a new business, expand your operation or take advantage of an investment opportunity -- we're here to help.

At Bank of Botetourt, all loan decisions are made quickly and locally...not by out-of-town decision makers! Our knowledgeable and professional staff is ready to discuss all of our loan options with you at your convenience.

Our most requested business lending options are listed below. But if you don't see your dream on this list, just give us a call. We will construct a business loan package that's right for you - call (540) 591-5000 or visit any of our convenient locations for more information on our business loan options.

Paycheck Protection Program

The Bank is aware that a $900 billion bipartisan COVID-19 relief package includes the potential for another round of PPP & Small Business Relief. We will continue to update this page as we learn more once further guidance is issued. (12/22/2020)

Bank of Botetourt began accepting applications for the PPP Loan Forgiveness on Monday, September 14, 2020.

Click here to learn more. 

Business Lines of Credit

Business Lines of Credit provide you with a flexible and convenient resource for managing accounts receivable and inventory, or to take advantage of business opportunities as they arise. If you have a seasonal business or experience fluctuating cash flow, a revolving line of credit can supplement your internally generated cash flow with bank financing as needed. Bank of Botetourt offers a range of credit line options, allowing you to choose the terms that suit your business needs best.

Commercial Real Estate Loans

If you are ready to purchase or acquire real estate for your business, talk to one of our experienced lenders about a Commercial Mortgage.

Lot Loans

Whether you are a growing business looking to build your first office or an experienced investor requiring construction financing for a high-end mixed use retail project, we have the business loan option for you. Our lending officers also understand the complex financing needs of professional builders and we offer a variety of products designed specifically to meet their needs.

Equipment Loans

Bank of Botetourt's equipment loans can be used for the purchase of new or used equipment. It is used primarily for replacing or upgrading equipment in order to increase efficiencies, or use it to expand equipment to meet growing technology needs.

Secured Term Loans

Our most flexible loan option, secured loans increase your access to capital and provides your business with more flexible payment options than other loan alternatives. A convenient long or short-term financing option for expanding your business, purchasing capital equipment or permanent working capital.

VISA® Business Credit Cards

Our Visa Business credit card is a powerful tool that allows you to take care of business without the hassles of writing checks or handling cash. The Commercial VISA card gives you control over your budget by allowing you to track spending patterns and keep personal expenses separate from business expenses. Learn more about our Visa Business Card Options.

Submitting Financial Statements

Click here to download a copy of our financial statement submission form. Please print the form and complete. You may return the form in person to any Bank of Botetourt location or mail to the following address:

Bank of Botetourt
P.O. Box 647
Troutville, VA 24175


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