For many companies, commercial business loans are a key to growth. They provide an immediate infusion of funds that can be used for a wide variety of purposes: one-time expenditures (like fixed-asset purchases), permanent working capital, expansion or acquisition, or taking advantage of growth opportunities. FNCB offers a wide range of flexible and customized business financing options - click the links below to learn more.
Click here to see a comparison chart of the Business Loans that we offer.
This type of loan provides a set amount of money to purchase assets or meet another specific financing need. Repayment is based on a predetermined schedule or by making monthly principal and interest payments. A term loan can be secured or unsecured, and the interest rate is generally fixed for the life of the loan.
This type of loan is generally used for short-term working capital or bridge financing. The interest rate may be fixed or variable, with interest generally paid on a monthly basis.
With a line of credit, you can easily tap pre-approved funds when you need them � without having to wait for bank approval. These funds can be used for a variety of business purposes, from meeting short-term working capital needs to purchasing inventory.
With a commercial mortgage, you can purchase, expand, improve or refinance owner-occupied commercial property.
These loans can help finance the construction of new buildings, improvements to existing buildings, and land acquisition.
A letter of credit is an assurance that your company has the financial resources to perform as agreed under contract.
This type of lending helps new and used automobile dealers finance inventory.
Public entities, municipalities and school districts often need financing for a wide range of different purposes.