Business Lines of Credit
We understand that flexibility is key to businesses like yours. Our Business Lines of Credit allow you to borrow according to your needs, manage seasonal cash flow or to purchase materials or equipment. A line of credit allows you to react quickly to opportunities.
- Revolving and non revolving options
- Secured and unsecured lines of credit
- Anytime access to funds
- Competitive rates and flexible payment options
A business line of credit gives your business access to cash, whenever you need it, up to a pre-specified amount. The main advantage is flexibility. Funds are always available when you need them, but you pay no interest until you draw on the line.
The line can be secured or unsecured, with multiple repayment options and a variable interest rate.
Subject to credit approval.
Business Term Loans
Grow your business when you're ready. Put funds to work quickly to expand your business. Longer term loans help your business by providing funds for specific purposes.
- Equipment loans (purchase or upgrade)
- Vehicle loans
- Business expansion loans
- Business acquisition loans
A business term loan provides an immediate infusion of funds designated for a specific purpose. One-time expenditures or long-term financing needs can be financed by one of our secured loans.
Your loan may be secured by a general lien on business assets or by the specific asset you are financing, with a fixed or variable rate.
Subject to credit approval.
Commercial Real Estate
Get your business facility off the ground with low-rate financing from Northern California’s most trusted name in commercial lending. With this loan, construct, purchase, or refinance an owner occupied business property, or expand or remodel an existing one.
- Quick approvals
- Competitive rates and flexible terms
Government SBA Loans
We are committed to being a premier provider of small business financing under the United States SBA loan programs by recognizing the specific needs of the small businesses we serve.
- Building purchase for owner occupied commercial real estate
- Construction for owner occupied commercial real estate
- Tenant improvements for your lease tenants needing to finance changes or install FF&E
- Working capital for your lease and purchase clients needing extra funds after they close
SBA 7(a) Loans
U.S. Small Business Administration 7(a) Loans
Small Business Administration Loans 7(a) loans are the most basic and commonly used types of SBA loans because of the program's flexibility and its ability to help start-ups and existing small businesses obtain financing that might not be available through traditional lending channels.
SBA 504 Loans
U.S. Small Business Administration 504 Loans
Small Business Administration 504 loan programs offer long term financing opportunities to be used for fixed asset purchases by small businesses. Bank of Commerce partners with local Certified Development Companies (CDC) who work with the SBA to provide small businesses with loans usually reserved only for larger firms.
USDA B & I Loans
USDA Business & Industry Loans
In rural areas, the primary purpose of the USDA Business & Industry loan program is to attract commercial investment capital, stimulate the local economy, and create jobs. The USDA Business & Industry loan program enables local lenders to expand their lending capabilities to a wider range of rural and agricultural businesses.
All loans subject to credit approval.