Here are some Frequently Asked Questions regarding Rivermark's Business Services.
Registration of your business or business name with the Secretary of State (Oregon) satisfies a number of requirements but - maybe most importantly - it establishes your business as an entity in Oregon that Rivermark can contract with for financial services.
Yes. Rivermark recommends using Electronic Federal Tax Payment Service (EFTPS) to process your payments timely and securely.
Rivermark can order an endorsement stamp for you at a small charge. You may purchase one from another company as well. We will provide you with the required endorsement stamp information for your convenience if you decide to order from another company.
The cost of business checks varies due to the different styles, which are ordered through Deluxe, a third party vendor.
There are fees associated with business accounts. Please refer to the Rate and Fee Schedule for up-to-date fees and terms.
Yes. Rivermark business members have the same access to Mobile Deposit as consumers. If your business activity requires higher deposit limits, please contact firstname.lastname@example.org for further information.
Yes. With Remote Deposit through Rivermark Online Banking you can deposit batches of checks from the comfort of your office or home. Rivermark Online Banking is compatible with any TWAIN compliant scanner.
Yes, we offer financing for many types of commercial real estate, both owner-occupied and non-owner occupied.
Commercial Real Estate loans tend to be larger in size and since they are secured by real property collateral, amortizations up to 25 years with 10 or 15 year maturities are common.
Commercial Real Estate loan rates fluctuate with the market and are customized based on credit qualification and loan structure.
Qualified business applicants will present a 3-year history of positive cash flow and financial trends. We look for good credit performance of the business and owners/guarantors. Finally, we want to hear your business plan, share with us your vision for growth.
Yes. Rivermark asks all business owners to personally guarantee the business loan. Let’s both get behind your business!
In some cases closing cost and loan fees can be included in the loan amount. Purchase transactions require an equity investment with costs typically paid in cash.
These are two programs that we have yet to develop. Our business team would love to talk to you about your financing need and see if we have a referral source for you or research alternatives. We are your business partner, contact us.