Commercial lending products at Canyon National Bank are tailored to suit your business needs.
Commercial Loan Products
Our commercial loan products can help your business succeed:
- Accounts receivable financing
- Inventory financing
- Letters of credit, both domestic and international
- Small Business Administration (SBA) loans
Commercial Loan
Business Lines of Credit
Most businesses use a line of credit to finance seasonal or other short-term needs, which can include working capital, equipment or inventory. Features of our line of credit include:
- Monthly billing (interest only accrues on outstanding balance).
- The ability to pay down or re-borrow.
- Variable interest rate based on Wall Street Journal Prime Rate
- Letters of credit available
Business Term Loans
Business Term Loans are an excellent choice for specific purchases. We can help you finance the equipment you need to grow your business.
Commercial Real Estate Loans
If you need to purchase a building or lot, find office space, or make changes to your existing office building, Canyon National has excellent programs with terms up to 25 years.
Construction Lending
If your goal is to build from the ground up, CNB has the expertise to assist you. With combined experience of over 75 years, our loan officers and staff will simplify the financing process. We offer:
- Funds control and disbursement of checks to contractors/suppliers
- Interest reserve account
- Land draws (certain conditions apply)
- One-step construction-to-permanent loans
Construction Loan