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CORPORATE BANKING

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Business Banking
Business Checking Account  
Free Plus Business Checking Account  
Business Super Checking Account  
Business Money Market Account  
Commercial Loan Products  
 
 
Commercial Loan Products
Center Bank offers different commercial loan products to suit your needs.
 
Type of Product Description
Business Line of Credit   Revolving line of credit for businesses to finance inventory purchase, equipment, A/R and operation funds.
  • Competitive Rate
  • Short term working capital
Business Purchase Loan Program (BPLP) To purchase a business.
  • Finance up to 50% of the purchase price
  • Max. loan term up to 7 years
  • Flexible rates and fees
Speedy Loan   

Business Line of Credit up to $200,000 (State/Federal Guarantees required for loan requests over $100,000), Term Loan to Business up to $100,000, or Business Purchase Loan up to $200,000.

  • Fast approval (within one hour after receipt of completed application package)
  • Working Capital, purchasing of inventory, seasonal Working capital, or purchase of business
  • No tax returns or financial statement
Professional  Line of Credit and Term Loan  

Revolving line of credit or term loan up to $100,000.

  • Flexible repayment term (up to 7 years for term loan)
  • Competitive rates and fees
Real Estate Term Loan  

To purchase real estate property. Owner or non-owner occupied.

  • Up to 20 years amortization
  • Competitive rates and fees
  • Fixed rates available
Commercial Real Estate Equity Line  

A line of credit secured by a commercial property for business purposes such as debt consolidation, purchase of other real estate, business expansion or improvement.

  • For business improvement or expansion
  • Loans up to $2,000,000
  • Competitive rates
Term Loan To Business   

Loan for business owners. Can be used for purchasing inventory, new equipment, leasehold improvement.

  • R.E. collateral not required
  • Competitive rates and fees
  • Max. term up to 7 years
Construction Loan   

To build upon and develop real property.

  • New and improvement
  • Secured by underlying property
  • Terms up to 18 months