 |
Bank of Canton. Banking on Your Business Everyday.
|
You deserve a banking relationship with commercial lenders who have developed expertise in assisting companies grow their business. At Bank of Canton, you'll deal directly with a decision maker-an experienced professional who takes time to understand your business and to expedite the application.
We have financing solutions to address all your business needs. Whether you need short-term working capital or cash for improvements, equipment purchases, building acquisitions, construction or refinancing, we can find the product to best suit you. We have a full range of commercial lending products available including:
Lines of Credit
We assist a wide range of companies with working capital financing support. Lines of credit are structured to assist companies with the growth and turn of their inventory and accounts receivable assets. A pre-approved limit against which you may borrow from time to time for short-term working capital needs. Variable rate interest is charged only on the outstanding balance.
Commercial Term Loans
Finance equipment purchases, long-term working capital or other expansion needs.
Commercial Mortgages
We actively pursue opportunities to assist individuals and companies with real estate financing needs. Both owner occupied and investment commercial real estate fits the bank's criteria. We can satisfy your commercial mortgage needs including acquisition, construction or additions. Down-payments are as low as 10% for certain government assisted programs. Various interest rates and terms available.
SBA Government Loans
As an approved Small Business Association (SBA) lender, Bank of Canton participates in a number of programs including SBA 7A, Low-Doc, 504 Lending and Capital Access programs.
Equipment Financing
We support our customers' capital investment requirements through the extension of commercial term notes secured by machinery and acquired equipment. The industries served are diverse.
Some recent machinery and equipment financed include:
- Rolling stock including trucks, automobiles, and forklifts
- Production equipment including CNC milling machines, lathes, and presses
- Peripherals including printers and work stations
The structure of deals is dependent on the life of the financed equipment and the actual and prospective cash flow generated by the operating company.
For more information, call 888.828.1690 or contact the Commercial Lender in your area:
|
Brian McDavitt John Sharry |
 |
Zachary Swain John McCarthy |
|||
|
Bill Treddin David Tait |
|
Matthew Kreiser |
|||
