Citizens Bank & Trust provides commercial loans at attractive rates to businesses to fund operating expenses, fixed asset purchases, floor planning, expansion, and other business purposes.
Commercial loans will generally fall into one of three types:
- Operating – Short term borrowing to be repaid within one year.
- Intermediate term loan – Loans from one to five years and used primarily to purchase equipment, machinery, or other capital improvements.
- Long term loan – Any loan over five years and less than fifteen years in term. Long term loans are usually secured by real property.
Our customers benefit from our experienced staff and larger lending limits. All our decisions are made locally, so you aren’t waiting for answers. We care about your success and will go the extra mile to make our community a better place.
Watch our featured video testimonial to hear what Tara Tepley, owner of The Paint Factory, has to say about her experience with Citizens Bank & Trust Co.