New Century Bank offers a wide range of commercial loan products designed to meet the individual needs of businesses in the community. Our staff of professional lenders is committed to building business relationships that provide a complete offering of financial services to our business clientele in order to meet their present and future needs.
Business Lines of Credit
The perfect loan product to provide working capital, supplement cash flow, offset receivables, or purchase inventory.
- Competitive rates
- No application fee
- Automatic payment from Business Checking
Construction Loans and Credit Lines
- Commercial construction to permanent financing options
- Investment only during construction period
Commercial Mortgages
New Century Bank’s commercial mortgages are vailable for property purchase, upgrading an existing building, expansion, renovations or improvements. Additionally capital may be secured for land purchase, construction, mixed use of property, investment property, owner-occupied property or refinancing.
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1-year, 3-year and 5-year alternatives
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Competitive variable rates
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No application fee on amortizing mortgages
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No balloon mortgages
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No repeat appraisals required during original term of loan
Business Installment Loans
A great loan product to use for expansion, capital improvements, equipment financing, and other major business needs.
- Fixed amount with equal monthly payments of principal and interest
- Competitive rates
- Automatic payment from Business Checking Commercial Mortgages