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
Loan proceeds can be used for fixed asset
acquisition, permanent working capital, refinance
existing debt or other business purposes.
Loan terms generally range from 12 to 84
Fixed rate or variable rate loans.
Collateral consists of assets being purchased
or other assets owned by borrower/guarantor.
Regular monthly payments of principal and
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.