Business Banking Services: Business Loans
It is important to have a financial partner that understands your vision. Every business is different and your credit needs are just as unique. Security Bank of California has seasoned credit professionals who will look at your business needs on an individual basis and work with you to fid the solution that will help meet your company's goals.
Plan ahead with a Security Bank revolving line of credit. This credit line can be established as a convenient way to make sure that your business is always ready for your ever changing cash flow needs. With a pre-approved Line of Credit from Security Bank, you have fast access to capital at a moment’s notice. You only pay the interest on the outstanding balance, and the principal at maturity.
As your business expands, you may need to replace or expand your fixed assets. Maybe you are considering the purchase of office equipment, vehicles, heavy manufacturing equipment, or other fixed assets. By working with a seasoned Security Bank loan officer, we will assist you in determining whether a revolving equipment line or equipment term loan is the best financing solution for your business capital needs. We want to see your business succeed, so let us help tailor an equipment financing solution to ensure your business will remain competitive for years to come.
Cash flow is critical to the smooth functioning of any business. If the collection of your company’s receivables prevents you from keeping pace with your daily cash demands or short term opportunities in your business, Security Bank will help you find the right solution. Our Asset Based Lending program advances cash based on a percentage of your company’s eligible receivables so you can turn your receivables into cash to meet your working capital needs.
Finance the construction of retail, commercial and industrial buildings or small residential developments through Security Bank. Programs are available for a wide variety of projects. Talk to a Security Bank lending officer to assist you with your construction lending needs.
When your business plan includes the purchase of a building, expansion of your current facility or construction of a new building, Security Bank can help. Choose from a variety of real estate financing solutions that are designed to meet your project needs. Talk to us today about permanent or temporary financing of your commercial project from the purchase of the land to the sale of the property.
Need a more effective way to manage daily business expenses? A Business credit card line from Security Bank can be an important cash management tool for a business of any size. Issue cards to individual employees and receive management reports that outline spending by employee and type of expense for easy accounting.
This overdraft protection line, available to qualifying businesses, provides you the peace of mind that comes with knowing that any check your business may write will be covered up to the limit of your Ready Reserve Line. This line is designed to meet unforeseen shortages in your account that sometimes occur during the normal course of business.
EQUIPMENT LOANS AND LINES OF CREDIT
Growing businesses have complex lending needs as much, if not greater than, a large seasoned business. A Small Business Administration (SBA) loan can help your business acquire fixed assets, real estate, or obtain working capital to maximize your company’s cash flow. A SBA loan can lower your down payment, lengthen the repayment amortization, and assist you in keeping your equity where it needs to be – in your business.
SMALL BUSINESS ADMINISTRATION (SBA) LOANS