Commercial Loans and Credit Lines

Today's commercial customer is looking for a bank that provides fast, flexible and economical financing. And no one works harder to find innovative solutions than Center Bank. It's all part of our commitment to you to grow your business and achieve its maximum potential. All credit products offered are subject to bank lending approval.

Term Loans

If you're looking for funds to purchase equipment and other fixed assets, or to obtain working capital, a term loan at Center Bank may be the perfect solution. We offer flexible terms that allow you to schedule payments to fit your cash flow. Plus you can enjoy the convenience of having your payments made automatically.

Lines of Credit

Center Bank credit lines work well to meet short term liquidity needs, such as increasing inventory or dealing with seasonal cash flow fluctuations. They feature a variable rate, an interest only payment option and convenient methods for accessing your funds.

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Commercial Mortgages

Center Bank Commercial Mortgages offer a fixed or variable rate long term financing for the purchase or refinance of commercial real estate. Our affordable monthly payment plans make financing warehouse space, manufacturing facilities, professional offices and retail and wholesale space easier and more cash flow friendly.

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Agricultural Loans

Changing technology has greatly influenced the farming industry. Today's farmer continues to learn and apply new techniques and methods to enhance farm production. Planning, budgeting, and managing cash flow is a critical part of the process. At Center Bank, we understand the farming industry. Whether it's an operating line of credit or a term loan for capital improvements, Center Bank ag lenders can help you determine the strategies and lending solutions that are right for you.

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Letters of Credit

Letters of Credit are guarantees of payment offered by Center Bank to help you make purchases or transact business with companies with whom you have limited trading experience or credit history.

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SBA Loans

SBA Loans that are guaranteed by the U.S. Small Business Administration (SBA) provide financing solutions for small businesses with limited working capital or those who don't meet the qualifications for conventional business loans. Utilizing both SBA 7(a) and 504 loan programs, Center Bank can design an SBA loan program for your business needs. With low down payments, fixed and variable interest rates and longer repayment terms, SBA loans are an attractive financing option for growing small businesses. The SBA has certain guidelines regarding businesses that may qualify for an SBA guaranteed loan. An eligible business must be independently owned and operated for profit in the United States, and must meet certain revenue guidelines established by SBA. You must also demonstrate good character, adequate collateral, managerial expertise and commitment, and the ability to repay the loan from business earnings.

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Elan Business Credit Cards

Control business expenses and manage cash flow more efficiently with an Elan Business Credit Card from Center Bank. Enjoy the convenience of revolving credit with flexible monthly payments. Use it for travel, entertainment, and other business expenses. Plus, you will receive detailed spending reports that categorize expenditures. www.elancard.com Learn more about Merchant Credit Services

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