»read more

*Weather links will launch a new window or tab and will take you outside of the CNB website.

You are here: CNB Home  / Business Banking  / Business Loans

Business Loans

As a business customer of Citizens National Bank, there are many loan products available for you depending on your need. One of our business loan officers would be happy to sit down with you to discuss your loan request. Please be aware, there is some general information that is required to make a loan decision, so it is advised to have these items available when you apply for a business loan.

Information typically needed to make a business loan decision is as follows:

• 3 years financial information for established business
• Financial projections for start-up or expanding business
• 3 years tax returns and Personal Financial Statement for business principals / guarantors
• Basic history of the business or project
• Specific information regarding the loan request

COMMERCIAL LINES OF CREDIT

Citizens National Bank offers our commercial customers a line of credit that is revolving and available when you need it.
• Purchase inventory, support accounts receivable or use for other seasonal needs
• Flexible repayment terms
• Maturities up to one year
• Advances are directly deposited to your Citizens National account
• Credit limits range from $5,000.00 to $1,000,000.00 with larger lines available

Please contact one of our Business Loan Officers for additional information.

EQUIPMENT FINANCING & COMMERCIAL INSTALLMENT LOANS

This type of loan is easy to use for the acquisition of long term assets.
• Vehicles or furniture
• Conserve your working capital by using bank debt to purchase assets
• Seasonal businesses can schedule seasonal payments
• Competitive fixed and variable interest rates are available

Please contact one of our Business Loan Officers for additional information.

COMMERCIAL REAL ESTATE LOANS

Citizens National Bank offers loans for the refinance of existing debt, or the purchase of commercial properties.
• 15 year amortizations are available
• Competitive fixed and variable interest rates
• Mortgages range from $5,000.00 to $1,000,000.00 with larger mortgages available.

Please contact one of our Business Loan Officers for additional information.

COMMERCIAL CONSTRUCTION LOANS

Citizens National Bank offers loans for the construction, renovation and expansion of commercial buildings.
• 15 year amortizations are available
• Interest only payments available during construction phase
• Flexible construction financing
• Competitive fixed and variable interest rates

Please contact one of our Business Loan Officers for additional information.

SMALL BUSINESS ADMINISTRATION LENDING PROGRAM (SBA)

Citizens National Bank is pleased to partner with the SBA for business start-ups, expansion, acquisition of an existing business, or refinancing existing debts.

Please contact one of our Business Loan Officers for additional information.