A commercial loan is a debt-based funding arrangement between a business and a financial institution, typically used to fund major capital expenditures and or cover operational costs that the company may otherwise be unable to afford.

Expensive upfront costs and regulatory hurdles often prevent small businesses from having direct access to debt and equity markets for financing.  Similar to consumer loan, smaller businesses must rely on other lending products, such as a line of credit, unsecured loans or term loans.

Contact Citizens Bank today for more information!