Easy procedures help you secure a business loan to do what you need to ... cover start-up costs, secure equipment, expand production, establish working capital or improve the property.
By dealing with your good-neighbor bank, decisions are made locally.
In addition to these traditional types of loans available from Commercial Bank & Trust of PA, additional assistance on certain projects may be secured through the bank's relationship with the Pennsylvania Industrial Development Authority (PIDA), the Pennsylvania Economic Development Financing Authority (PEDFA) and the Small Business Administration (SBA).
Commercial Mortgages
Buying, building or refinancing is made easier with a mortgage loan from Commercial Bank & Trust. Competitive rates and terms are carefully structured to suit your financial condition.
Term Loans
When a regulated schedule of repayment is desired, ask about a business installment loan. Flexible rates and terms can be arranged to match your financial requirements.
Lines of Credit
Establish a pre-approved credit line to use any time you need it. Don't apply again; just make a call. Your line of credit may be renewed annually based on the strength of your financial statement. A variable rate of interest is charged only on the outstanding balance.
Repayment is easy, too, through monthly billings or by automatic transfer from your Commercial Bank & Trust of PA account.