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Loans & Lines of Credit

We have a wide range of product options to make your business a success and will tailor specific terms and conditions to fit the needs of your business. Best of all, our loan officers are experienced lenders, familiar with the market. No out-of-town approvals required!

Working Capital Loans and Lines of Credit

  • Flexible term loans or revolving lines of credit to fund general working capital needs, including accounts receivable and inventory
  • Revolving lines of credit offer the ultimate in flexibility. Funds can be borrowed and repaid at the member’s convenience
  • Can be offered unsecured or secured by business assets, real estate, deposit accounts, securities, etc.
 

Business Equity Lines of Credit

  • Flexible, revolving lines of credit secured by the equity in your business property
  • Funds can be borrowed and repaid at your convenience

Business Installment Loans

  • Term loans to finance the purchase of business equipment, furniture, machinery, and automobiles  
  • Flexible repayment schedules

Letters of Credit

  • Standby Letters of Credit for bonding or insurance purposes can be arranged either on a secured or unsecured basis
  • TowneBank can also arrange Import/Export Commercial Letters of Credit to facilitate international trade
 
Let one of our hometown lenders assist you with the loan or line of credit that’s right for you.

 




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