Business Line of Credit

You can purchase inventory, smooth out seasonal cash needs or cover unexpected business expenses with a business line of credit with Colonial.

• $25,000 minimum loan amount
• Credit is typically secured by your business assets
• You only access funds when you need them
• Monthly payments on interest-only lines are based on variable interest rate
  
  APPLY ONLINE

Equipment Loans

Enjoy the cash flow benefits and business flexibility of financing necessary equipment, such as: computers, manufacturing equipment, medical and dental equipment and construction machinery

• $5,000 minimum loan amount
  
  APPLY ONLINE

Term Loans

Expand your offices, buy new equipment or even acquire a commercial vehicle with one of our term loans.

• $5,000 minimum loan amount
• Flexible repayment terms ranging from one to five years for equipment (terms depend on the useful life of the asset)
• Loans are secured by your company's fixed assets
• Pay principal and interest in regular installments
  
  APPLY ONLINE

Commercial Real Estate Loans

If you're a business owner or a real estate investor interested in purchasing or refinancing your commercial property, our commercial real estate loans are a
smart option.

• Fixed rates are available
• Amortizations up to 20 years
  
  APPLY ONLINE

Owner-Occupied Real Estate Loan Program

If you're a business owner who is expanding to a new location, or improving or refinancing your current property, you can benefit from our owner-occupied real estate program.

• Long-term financing with up to 25-year amortization
• Fixed rates available for 5 years and 10 years
• You must occupy more than 50% of the new space
• Loans are subject to standard underwriting, processing and documentation requirements
   

  LEARN MORE

  APPLY ONLINE

Medical Professionals Loan Program

Colonial’s Medical Professional Loan Program is available as both a traditional loan, from $50,000 to $2,500,000, with 5 and 10 year terms. And a line of credit, which allows borrowers to draw on the amount as needed from $50,000 to $1,000,000. Funds can be used in a variety of ways

• Open a private practice or expand to a second location
• Remodel your current space
• Bridge gaps in cash flow
• And more!
   

  LEARN MORE

  APPLY ONLINE

U.S. Small Business Administration (SBA) Loans

The U.S. SBA offers several loan programs for small businesses in need
of financing.

• Boost working capital
• Purchase or improve real estate
• Finance new equipment, heavy machinery, specialized equipment or other fixed assets
• Acquire a new business or franchise
  
  APPLY ONLINE

U.S. Small Business Administration (SBA)

504 Loan Program

An SBA 504 loan works well for real estate and fixed asset purchases.
This includes:

• Business acquisitions or expansions
• Construction
• Partner buyout
• Machinery and equipment
  
  APPLY ONLINE