Loans & Lines of Credit

The key to any good business is having quick and easy access to cash. From purchasing supplies and equipment to processing payroll to investing excess funds, a positive cash flow is essential to daily operations, and can position your business to thrive and grow. At CommunityOne Bank, we offer a variety of lending solutions, including equipment loans, term loans, real estate financing, mergers and acquisition financing and letters of credit. We also offer three different lines of credit to help you pay for routine or unexpected expenses:

Small Business Equity Line of Credit (SBELC)

  • Revolving credit line due on demand with an alternate maturity date of 15 years from contract date
  • Available to corporations, partnerships, LLCs, sole proprietorships and other business entities
  • Secured by developed commercial real estate integral to Borrower’s business enterprise
    $10,000–$100,000 line of credit

Small Business Unsecured Line of Credit (SBULC)

  • Revolving credit line due on demand with no fixed maturity date
  • Available to corporations, partnerships, LLCs, sole proprietorships and other business entities
  • $10,000–$50,000 line of credit

Small Business Custom Cash (SBCC)

  • Revolving credit line with no fixed maturity date
  • Available to any customer with an active business checking account at CommunityOne
  • Advances in $100 increments
  • Minimum monthly payment is 5% of balance or $50, whichever is greater