Business growth often goes hand-in-hand with new expenses. Getting a small business loan or line can provide you with the financing you need to manage cash flow, cover the cost of an expansion, or new equipment.
Citizens Bank provides small business mortgages with benefits like flexible terms and generous borrowing limits to help you further expand or refinance your current property; there are also term loans and SBA loans that can help you purchase assets, including inventory. Small business lending is available with short- or long-term financing options and may be financed with different types of collateral.
Explore the small business financing options below to find out how to get small business credit that is best suited to your business plan.
Getting a small business loan for a new business that has limited credit history is typically more difficult than getting a small business loan as a business with an established credit history. However, because SBA loans and lines are backed by the government, businesses with limited credit may qualify for SBA lending.
We are committed to helping your business succeed. Our dedicated business banking professionals can help you find the right product to meet your business’ needs. To learn more about small business loans, please call 1-800-428-7463, visit us online, or visit your nearest Citizens Bank Branch.
Disclaimer: Any extension of credit shall be subject to the credit approval policy of Citizens Bank. Additional terms and conditions shall apply including but not limited to the completion and submission of the Citizens Bank credit application. Nothing in article shall be deemed an offer, approval, or commitment of credit of any kind. All of the terms and conditions in this article are subject to change at any time at the discretion of Citizens Bank.