Commercial Lending

Financing for Local Businesses

The health of our community relies a great deal on the success of local businesses. They create employment opportunities and provide necessary goods and services for families who live here. We provide a number of lending opportunities to help new and established businesses grow and thrive in our community.

Lines of Credit

Commercial lines of credit are a great way to meet short-term working capital needs like inventory purchases, operating expenses and accounts receivable funding. Our experienced lenders can help you set up a line of credit tailored to your situation with a competitive variable rate.

Term Loans

Designed to help you purchase equipment or acquire or expand your business, term loans from Charter Bank come with competitive fixed or variable interest rates.

SBA Loans

Loans from the United States Small Business Administration can be used for a variety of needs including:

• Start-up capital
• Business acquisition
• Franchising
• Equipment purchase
• Working capital
• Real estate

Our experienced commercial lenders know the ins and outs of the 504 loan program, and can assist in getting a loan for up to 90% of the appraised value of major fixed assets. Our strong relationship with the SBA ensures you get the right financing for your small business.

Construction Loans

Commercial Construction Loans

Commercial construction loans are set up as lines-of-credit to fund the building of your new structure or addition. We work with you and your builder to coordinate advances during the course of construction to ensure timely payments. Our experienced commercial construction lenders work with you to find a competitive rate for your unique situation. And, as always, you get quick decisions on your loan approval.

Home Builder Construction Loans

Set up as lines-of-credit, home builder construction loans are used to fund custom or speculative home construction. Advances are coordinated to ensure timely payments. You work with experienced lenders to get the right solution at a competitive rate as quickly as possible.

Commercial Real Estate Loans

Our commercial real estate loans can be used to fund the purchase of a number of different types of commercial property such as:

• Warehouses
• Manufacturing facilities
• Office properties
• Commercial condominiums
• Multi-family properties

The SBA 504 program is available for qualified borrowers to borrow up to 90% of the appraised value of a major fixed asset like buildings or land. Our experienced lenders will be with you every step of the way to ensure you get a competitive rate and a plan that fits your needs.

Download our business credit application and personal financial statement today to get started!