Business Lines of Credit
For those unexpected situations! A business line of credit is very similar to a credit card in the way that it works. With this, you can borrow up to a certain limit and pay interest only on the portion of money that you borrow. As long as you do not exceed your credit limit, you can draw and repay funds as you wish. It provides flexibility that a regular business loan would not.
Investment Property Loans
Have you ever considered purchasing an additional residence for rental income? Or maybe you would like to channel your inner Chip and Joanna Gaines and take on a fixer upper. An investment property loan is how you can achieve these goals. You can also use an Investment Property Loan for a condo, apartment, manufactured home or a non-manufactured home, even if you live in it yourself part of the year.
Owner-Occupied Commercial Real-Estate
Owning the property your business occupied offers many advantages that are not available to you as a lessee. This could include businesses such as a Doctor's Office, Church, Office Building, Convenient Store, and many others. We have various terms and rates available.
CBC Bank is an SBA Authorized Lender, meaning that we are able to streamline the process and providing clarity to the SBA loan application process. We then have the ability to get your loan approved on behalf of the SBA in a quicker time frame. You can use an SBA loan for real estate, machinery, equipment purchases, construction/renovation or to start your dream business.
Other business loans we offer include:
- Agriculture Loans
- Commercial vehicle Loans
- Equipment Loans
- Inventory/Raw Material Loans
- Loans secured by Accounts Receivable
- Warehouse/Industrial Property Loans
- Apartment Loans
- Warehouse/Industrial Loans
- Lot/Land Loans
- Working Capital Loans