What are the main types of business loans offered by BCL?

We offer a wide variety of loan and credit products designed for the needs of all types and sizes of businesses:

• Term loans – These installment loans provide larger lump sums for major investments and expenses and are repaid over a set period with fixed regular payments.
• Lines of credit – Revolving credit lines allow flexibility in borrowing up to a set limit, repaying, and re-borrowing as needed for working capital.
• Equipment financing – We offer financing for purchasing equipment and vehicles essential for your business operations.
• Commercial mortgages – Real estate loans can provide capital to invest in commercial property and facilities.
• SBA loans – We participate in SBA loan programs designed for small businesses, including 7(a), 504 and microloans.
• Short-term loans – These smaller loans address brief capital needs and seasonal fluctuations.
• Startup business loans – Specialized lending help entrepreneurs launch new ventures.
• Invoice factoring – Access capital tied up in unpaid invoices by selling them to a factoring company.
• Asset-based lending – These loans use assets like equipment, invoices or real estate as collateral.

Discuss your specific business lending needs with our experts to determine which option may be best for you.